Investment Info:
Single-family residence buy & hold investment in Tampa.
Purchase price: $151,000
Cash invested: $3,000
Bought it for my personal house and then got interested in real estate investing either a future long-term mid term or short term rental havenāt chosen yet
What made you interested in investing in this type of deal?
Was my personal residence
How did you find this deal and how did you negotiate it?
MLS. With an agent
How did you finance this deal?
VA
How did you add value to the deal?
I have not added any value yet but the value has gained from appreciation.
What was the outcome?
Thereās not how come yet but Iām really leaning towards either Airbnb or long-term renting
Lessons learned? Challenges?
Focus on the soil of the land I probably bought the worst piece of land in the best location because the soil is so saturated to where thereās no way I can keep the house level.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Michelle Bright Huntsville, TX 77320
Cell phone: (936) 439-7958
Broker phone: (936) 755-8222
Screenname: michelle567
Member since: 07/17/2017
Real Estate Licenses: Not provided
Other Licenses: 691325 (Texas Real Estate Sales Agent)