4 unit multi family deal

[Ben Yeshurun]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Milwaukee.

Purchase price: $58,000
Cash invested: $13,800
Sale price: $101,500

Bought this 4 unit in bad condition and without tenants.
After fixing the place I brought good tenants that get help for paying rent - like county assistant.
COVID19 made it difficult to handle tenants in that area but hard work paid off.
I sold the property to take over a better deal

I have attached some photos of how all units looked like after the fix-ups I did.

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

great ROI

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

off-market deal

How did you finance this deal?

CASH

How did you add value to the deal?

Signing good tenants and improving the units

What was the outcome?

23% profit in a 1.5 year not including rent.

Lessons learned? Challenges?

Where to invest.
how to test my contractor.
what is a good management company