Texas appreciation market

[Roderick Daniels]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $300,000
Cash invested: $18,500

Bought in a high appreciation market with decent cash flow.

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

The home prices in the area and great economy.

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

New build. Negotiated closing costs.

What was the outcome?

Rental with high appreciation and decent cash flow.

Lessons learned? Challenges?

Ensure to look at factors with aid growth and also look at the supply data for the area.