All Forum Posts by: Derc Teschler

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $50,000
Cash invested: $85,000
Sale price: $189,000

Cabin flip

How did you finance this deal?

Conventional for the purchase, cash for updates.

What was the outcome?

Sold for profit.

Investment Info:

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

Purchase price: $499,000
Cash invested: $100,000
Sale price: $550,000

Quadplex in the heart of uptown.

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

Active MLS search.

How did you finance this deal?

Conventional

What was the outcome?

Sold for profit.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $99,000
Cash invested: $20,000
Sale price: $125,000

Single family college rental near campus.

How did you finance this deal?

Conventional

What was the outcome?

Sold

Investment Info:

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

Purchase price: $165,000
Cash invested: $42,000

Duplex college rental near campus.

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

I used to live in this building when in college. This purchase was nostalgic, but turned out to be the best return on any investment I've made.

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

Active MLS search.

How did you finance this deal?

Conventional

How did you add value to the deal?

Complete renovation in one of the units prior to renting it out.

What was the outcome?

I did a cash out refi to recover 100% of my investment, while still holding onto a $1,200/month cashflow.

Investment Info:

Other buy & hold investment.

Purchase price: $235,000
Cash invested: $48,000

24 unit self storage on 12 acres with room to expand.

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

This property is a value add opportunity with space for many more buildings.

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

Active MLS search.

How did you finance this deal?

SBA

How did you add value to the deal?

Cash flow will increase drastically with the addition of more storage rental units.

Investment Info:

Mobile home buy & hold investment.

Purchase price: $495,000
Cash invested: $125,000

33 unit mobile home park, 6 owned trailers.

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

Active MLS search.

How did you finance this deal?

Commercial

What was the outcome?

Still holding.

Lessons learned? Challenges?

Evictions were challenging early on. Once bans were lifted, that process has become much easier.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $200,000
Cash invested: $200,000

Vacation rental cabin. This was purchased as an empty lake lot with construction starting July of 2022.

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

Active MLS search.

How did you finance this deal?

Cash

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $175,000
Cash invested: $35,000

4 bed, 2 bath manufactured home.

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

Off market find.

How did you finance this deal?

Conventional

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I was the agent and self represented.

Investment Info:

Other other investment.

Purchase price: $150,000
Cash invested: $18,000

28 unit self storage facility.

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

Very little management required.

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

Off market find.

How did you finance this deal?

SBA

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I was the agent and self represented.

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $405,000
Cash invested: $105,000

4 duplex units side by side on the same property.

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

Live MLS search.

How did you finance this deal?

Commercial loan

How did you add value to the deal?

Immediate renovations on 3 units to increase monthly rental values.

What was the outcome?

Still holding.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I was the the buyer agent and self represented.