Townhouse Near Airport

[Mohammed Washim]

Investment Info:

Townhouse buy & hold investment in Atlanta.

Purchase price: $40,000
Cash invested: $35,000

2 bed 2.5 baths townhouse nearby airport

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

pricing and location

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

found it on zillow and spoke directly with listing agent to make deal

How did you finance this deal?

cash offer

How did you add value to the deal?

renovations

What was the outcome?

currently being leased to tenant for $1k/monthly

Lessons learned? Challenges?

where to start... contractor walked out on project, had to move in to property to cut costs on renovations, lawsuit against contractor, and many more

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

I did this all on my own without any help.