I’m purchasing boring real estate this year….
Why?
Cash flow is a little harder to come by in this market, rates are high, and margins for deals are a bit tighter than when I started investing in 2021.
For example, this is a boring property I closed on last year and purchased sight unseen for $70,000.
📍Located In: Augusta, GA
💰Purchased With: 100% Private Money
🛠Renovation Funded With Personal Cash
I’m especially excited to add another Section 8 rental into the community.
🥰A plus for landlords - government-guaranteed rent, and a plus for residents - affordable housing!
The cash flow isn’t a home run, but it is a base hit for me and my buy box right now.
What do you think of this deal?
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