May 03

Case Study – Our First Single Family Home

{Case Study} Here’s a case study on our 1st property. Single family home bought 12/2014 for $17,500 on craigslist, invested $15k in repairs ($32,500 total initial investment), leased 6/2015 at $725 per month. Tenant pays all utilities. Original tenants still in place. We had a $1k bathroom project, $2k electrical project, and a $2k front porch project in the last 5yrs.  Tenant now paying $775 May of 2022.

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