Do we charge market rent?

Purchase price: $350,000 Cash invested: $20,000 Sale price: $385,000 Single Family - Off Market DealFall River MA What made you interested in investing in this type of deal?

I was not interested at 1.2 mil but became motivated buyer when I could buy it for 800 and get 100k of upside I said sure why not..3.   3 houses  125k closing i put up all the money  he had two of them sold for 100k and that closed 5 days after we bought it so basis on the last house is about 25k .. and its on the market for 89k. 

I know a lot of investors who have been pivoting to the secondary markets like Sumter, Florence, Orangeburg, etc.

I'm looking to connect with more experienced BRRRR investors/realtors to learn more about how to build a team and the markets to invest in.

It’s very likely a tenant would have limited resources to be able to market the property.hope it helps!

@Douglas GratzWhat market are you generating 1000 profit per unit?

Once I had their agreement I called the guest who refused to answer, so I called the cabin phone and let it ring for like 2 minutes until someone finally answered.I explained they knew the house rules, they signed my digital rental agreement that clearly spells out max occupancy and they signed up in the OTA with 7 guests, but only listed 6 people on the digital RA.  

We knew at the price the house would cash flow, then the house market went crazy and rental prices went up tremendously and the appreciated sky rocketed so this is going to be an amazing first property for our portfolio.

Investor looking to connect with brokers, other investors, and developers in the Louisville area to learn about the market and grow.