Triplex in Garden Oaks

[Simon Martinez]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Houston.

Purchase price: $190,000
Cash invested: $76,000

Tirplex property on 1 acre lot

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

The cashflow was there after rehab

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

MLS

How did you finance this deal?

Hard Money for the purchase and rehab

How did you add value to the deal?

Rehabbed the property with $76k to increase revenue from $1400 to $3200.