Buy and hold single family rental

[Tim Stuart]

Investment Info:

Single-family residence buy & hold investment in Merrillville.

Purchase price: $115,000
Cash invested: $25,000

2 bedroom 1 bath with detached garage in Merrillville, IN. Professionally managed by my team out there, it was rehabbed and completed in February, 2021. This is my best cash flowing rental at a 22.5% CoC return.

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

Cash flow is my investment thesis.

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

My investment advisor made introductions to a great property management Company that serves the Calumet Region on NW Indiana.

How did you finance this deal?

Conventional 20% down.

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

Norada Turnkey Investments.