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All Forum Posts by: Shelby Paget

Shelby Paget has started 3 posts and replied 3 times.

Post: SF Rental Meridian ID

Shelby PagetPosted
  • Posts 3
  • Votes 0

Investment Info:

Single-family residence buy & hold investment in Meridian.

Purchase price: $330,000
Cash invested: $78,000

Buy and hold rental unit

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

Unique neighborhood with high rental potential, close to freeway, nice custom builder

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

Poor marketing on MLS

How did you finance this deal?

Conventional 20% down

How did you add value to the deal?

We refurbished aspects of the home and properly marketed for rent

What was the outcome?

Rental income has been solid

Lessons learned? Challenges?

Marketing matters

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

Shelby Paget

Post: SF Rental in Eagle Idaho

Shelby PagetPosted
  • Posts 3
  • Votes 0

Investment Info:

Single-family residence buy & hold investment in Eagle.

Purchase price: $289,900
Cash invested: $17,000

Purchased and now is a rental

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

Loved the area and purchased in 2016

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

Through a friend who knew the sellers.

How did you finance this deal?

Conventional Loan type

How did you add value to the deal?

None

What was the outcome?

Lived in it for a few years an now it's a full time rental.

Lessons learned? Challenges?

Used $100k from it to identify new rentals

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

Shelby Paget

Post: SF Rental Meridian ID

Shelby PagetPosted
  • Posts 3
  • Votes 0

Investment Info:

Single-family residence buy & hold investment in Meridian.

Purchase price: $282,500
Cash invested: $18,000

Rental Unit

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

House Hack

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

New Construction

How did you finance this deal?

Conventional 5% down

How did you add value to the deal?

I am an Agent

What was the outcome?

Closed, lived in for a year now rents out

Lessons learned? Challenges?

Great purchase

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

Shelby Paget