78237 2/1 located near Our Lady of the Lake University

[Olutomi Odukoya]

Investment Info:

Single-family residence buy & hold investment.

2/1 Purchased August 2020

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

Passion for Real Estate

How did you find this deal and how did you negotiate it?

Redfin.com

How did you finance this deal?

Conventional Investment financing (25% down)

How did you add value to the deal?

Roof, paint exterior & interior, new water heater

What was the outcome?

Occupied

Lessons learned? Challenges?

Don't let the tenant sign the lease before the rehab is done. I was excited, but then the tenant wanted to add too much input.