Rental Property by default!

[Alex Deal]

Investment Info:

Single-family residence buy & hold investment in Remlap.

Purchase price: $118,000

This property started out as our primary residence. It has been a rental property for almost 8 years now.

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

We were not even thinking of becoming investors when we purchased this house. But it is what sparked our interest and began our journey.

Lessons learned? Challenges?

This property was a crash course in being a landlord. It was our school of hard knocks. We learned not to believe tenants when it comes to being late with their rent. If its due the 5th, post a notice on the 6th!