Charles Hotaling Rental Deal

 

Charles Hotaling Rental Deal

TAC Quality Homes, LLC in Watervliet, NY
Charles Hotaling with Tina Hotaling

Found property through a prior client my wife had helped purchase this very same house. They were buying a larger home due to needing more space as their family had expanded. The seller had already found a home to purchase and agreed to sell to my wife and I. This helped him move into his new home quicker as he did not have to list the house. We are going to rent to my wife's mother who has always dreamed of living in a single-family home. She has always lived in 2 family rental prosperities. Thus we fulfilled my mother in law's dream and helped us expand our rental property portfolio.

Rental Details

Property City: Watervliet
Purchase Price: $109,000

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

We utilized the rental deal analyzer to help us run our numbers on the purchase and calculate the the cap rate.