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Updated over 3 years ago on .

User Stats

1
Posts
0
Votes
Darren Adams
  • Realtor
  • Michigan
0
Votes |
1
Posts

Primary residence/investment property.

Darren Adams
  • Realtor
  • Michigan
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $199,000
Sale price: $344,000

The property was bought as a primary residence in 2011 until I moved in 2013. After moving in 2013 I rented the property out through the use of a property management company and received positive cash flow for the two years that the property was rented out. In 2015 I moved back into the property and renovated it prior to selling the property in 2018.