Primary home, turned rental

[Troy Jaster]

Investment Info:

Single-family residence buy & hold investment in San Antonio.

Purchase price: $190,000
Cash invested: $19,000
Sale price: $305,000

This was my personal home for about 6.5 years, until December 2019. When we moved out, we turned it into a full-time rental. We also did a cash-out refi at the time of the tenant moving in. We sold it in July 2021 to capture the equity and move it into other projects.