Buy and Hold w/proof in the pudding

[Travis Beck]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $155,000
Cash invested: $20,000
Sale price: $464,000

Buy and hold in Southwest Austin one block away from one of Austin's top rated elementary schools. I gained over 300 percent ROI on this particular investment with minimal money put into it. The Austin market is a no brainer, especially for investors.

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

Equity Growth

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

Off Market, bought the property as is.

How did you finance this deal?

Lender

How did you add value to the deal?

Updated the flooring, roof, HVAC, paint etc.

What was the outcome?

Ridiculous ROI!

Lessons learned? Challenges?

I should have bought every house on the street.