This property is located in Portsmouth, VA. This was our very first rental property. We used this property to learn the ins and outs of rental investments. To bring this property to its full potential, a lot of blood, sweat, and tears were poured into some much needed upgrades. It’s amazing what upgraded appliances, paint, vinyl plank flooring, and a little hard work can do. This home was purchased by way of a bank short sale allowing us to acquire the unit well under market value, leaving some spare change to make the upgrades. Similar properties in this area can rent for $1400 per month, turning a nice profit on a great investment.
This property is located in Portsmouth, VA. This was our very first rental property. We used this property to learn the ins and outs of rental investments. To bring this property to its full potential, a lot of blood, sweat, and tears were poured into some much needed upgrades. It’s amazing what upgraded appliances, paint, vinyl plank flooring, and a little hard work can do. This home was purchased by way of a bank short sale allowing us to acquire the unit well under market value, leaving some spare change to make the upgrades. Similar properties in this area can rent for $1400 per month, turning a nice profit on a great investment.
