Investment #1 - KCMO

[Melissa Robbins]

Investment Info:

Single-family residence buy & hold investment in Kansas City.

Purchase price: $242,000
Cash invested: $60,500

Four bed, 3.5 baths, 2900 SF.

What made you interested in investing in this type of deal?

Increasing home values in the area. Bought as-is for $30K less than area comps.

How did you finance this deal?

Conventional

How did you add value to the deal?

Updated paint, lighting, and carpet.