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All Forum Posts by: Eleanor Martin

Eleanor Martin has started 1 posts and replied 1 times.

Real Estate Deal Analysis & Advice

Post: SF Rental in Simpsonville, SC

Eleanor MartinPosted
  • Posts 1
  • Votes 0

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $295,000
Cash invested: $50,000

Single fam home, desirable neighborhood. Long term rental

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

Possible place to retire

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

Friends pointed it out to us

How did you finance this deal?

Conventional loan

How did you add value to the deal?

deep clean, moisture barrier in crawl space, maintenance to HVAC

What was the outcome?

Rented in Feb 2024, Lower cash flow than expected. Rents have gone down since I started my research.

Lessons learned? Challenges?

Choose my own real estate agent

0 Votes