It needed some work but it was fully rented and put a few hundred dollars in my pocket after expenses every month.

Hi my name's Jim ,I have done all aspects of house repair ,building ECT I even have my refrigerant licences ( universal) I started working with my father at around 8 years old took right to HVAC ,we did all aspects of home repairs demo and building .

And should I state this as a reason as to why his rent is being raised.  

Ease of getting into the industry How did you find this deal and how did you negotiate it?

Most folks start as leasing agents and work their way up from there. 

@John Helms,Exciting stuff—congrats on getting started, and great to see that you’re in Birmingham!

Purchase price: $720,000 Cash invested: $60,000 Househack/BRRRRR.Taking advantage of low 5% down Owner occupied conventional loan, then fixing up the units 1 or 2 at a time, raising the rents, and then refinancing to lower the monthly payment and increase cashflow. 1 full gut unit and others were more cosmetic turnovers.

Raleigh is a fantastic market, and NC more broadly.  

Thank you and the best of luck.

Consulting will cost $1 dollar per document and is public.