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Updated about 3 years ago,
Property #1 - Indianapolis, IN 46218
Investment Info:
Single-family residence buy & hold investment in Indianapolis.
Purchase price: $158,000
Cash invested: $34,000
Type: Single Family Residence
Neighborhood Class: B
Rent: $1250
Square Footage: 1100
Bedrooms: 3
Bathroom: 1.0
Year Built: 1920
How did you find this deal and how did you negotiate it?
Rent to Retirement Turnkey Provider
How did you finance this deal?
HELOC
Lessons learned? Challenges?
https://www.biggerpockets.com/forums/12/topics/997350-lessons-learned-from-buying-my-first-rental-property?highlight_post=5748173&page=1#p5748173
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Eric Winkler, Executive Investment Strategist for Rent to Retirement