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Updated about 3 years ago,
BRRRR Single-family residence buy & hold investment in Las Vegas.
Investment Info:
Single-family residence buy & hold investment in Las Vegas.
Purchase price: $100,007
Cash invested: $70,000
2 story, 3 bed, 2.5bath
working on refi to finish BRRRR
How did you finance this deal?
We financed with cash for our home.
How did you add value to the deal?
We remodeled and up graded house.
Lessons learned? Challenges?
Start buying and ordering supplies asap. Waiting to finish increased holding cost. Have a plan for contractors to move forward with renovations while waiting for supplies.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
We worked with Lantana Property Management. They were recommended by Eric Fernwood LV realtor. Eric was very helpful.
I recommend both.