# @lattes.and.leases on Instagram

- **Type:** Video
- **Original URL:** https://www.instagram.com/p/Cr_xLUTAidV
- **Gondola URL:** https://gondola.cc/posts/25355600-lattesandleases-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/9dab20796a.jpg
- **Posted:** 2023-05-08T20:57:33.000+00:00
- **Account Owner:** Soli Cayetano | Out of State Real Estate Investor (@lattes.and.leases) — https://gondola.cc/lattes.and.leases

## Caption

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?

#brrrrstrategy #biggerpockets #realestateinvestor #fixandflip #financialfreedom #realestateinvesting  #investingtips

## Stats

- **Views:** 181,264
- **Likes:** 5,238
- **Shares:** 0
- **Comments:** 0

## Credits

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| BiggerPockets | @BiggerPockets | https://gondola.cc/BiggerPockets | Real Estate |
| Soli Cayetano | Out of State Real Estate Investor | @lattes.and.leases | https://gondola.cc/lattes.and.leases | Creator |
| Felipe Corral Jr | @FelipeCorralJr | https://gondola.cc/FelipeCorralJr | Social Media Manager |

## Tags

financialfreedom, fixandflip, investingtips, biggerpockets, brrrrstrategy, realestateinvestor, realestateinvesting

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