Project details: We purchased a four unit apartment complex in Mesa, Arizona in June of 2020 for $434,000. We put $99,000 down and financed $335,000. We spent about $55,000 on improvements such as paint, new hot water heaters, stucco repairs, roof and a/c, laundry appliances. etc. We received an offer we couldn’t refuse for $600,000 […]
Project details: We purchased a four unit apartment complex in Phoenix, Arizona in July of 2020 for $341,000. We put $86,000 down and financed $255,000. We spent about $22,000 on improvements such as paint, new hot water heaters, doors, kitchen appliances. etc. We received an offer we couldn’t refuse for $550,000 and we closed in […]
Project details: We purchased a single family home in Sedona, Arizona in April of 2021 for $549,000. We put $54,000 down and financed $495,000. We spent about $23,000 on minor improvements such as paint, repairs, new doors and furnishings. We rented is as a short term rental and then converted it to a long term […]