SF Rental Meridian ID

[Shelby Paget]

Investment Info:

Single-family residence buy & hold investment in Meridian.

Purchase price: $330,000
Cash invested: $78,000

Buy and hold rental unit

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

Unique neighborhood with high rental potential, close to freeway, nice custom builder

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

Poor marketing on MLS

How did you finance this deal?

Conventional 20% down

How did you add value to the deal?

We refurbished aspects of the home and properly marketed for rent

What was the outcome?

Rental income has been solid

Lessons learned? Challenges?

Marketing matters

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

Shelby Paget