Gonzaga College Rental

[Anthony Minutoli]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $175,000
Cash invested: $172,000

College Rental

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

Spokane , WA and the growing population.

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

MLS, negotiated by myself.

How did you finance this deal?

CASH PURCHASE

How did you add value to the deal?

Light Remodel / Raise Rents

What was the outcome?

Rents Raised

Lessons learned? Challenges?

COVID 19 and the restrictions have made the buying process a little lengthy as well as getting a contractor to schedule times around the tenant because of the covid restrictions .

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

2 Agents, did not do much. Would not recommend them, good luck as well finding a decent trustworthy agent in the city of Spokane.