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Updated over 3 years ago on .

User Stats

448
Posts
180
Votes
Zach Sikes
  • Residential Real Estate Broker
  • Edmond, OK
180
Votes |
448
Posts

My first investment from a looooong time ago!

Zach Sikes
  • Residential Real Estate Broker
  • Edmond, OK
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $98,000
Cash invested: $5,000

I bought my first rental in college! Roommates helped pay the bill and it gave me a taste of RE investment.

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

As a young college kid I needed to live as cheaply as possible!

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

We found it the old fashioned way, driving through a neighborhood.

What was the outcome?

We still have this rental, and it's appreciated extremely well!

  • Zach Sikes