Kathy Bales

Keystone Holdings Group, LLC in Albany, TX

I chose to purchase a rental property in Memphis, TN because of the good economy of the area that provides a steady supply of tenants who will stay in the property for multiple years. I paid cash for the property because that's what I needed to do for this first income property. Although this did not maximize my ROI it does provide me with good cash flow from Day 1 which I can use to pay down subsequent properties faster.

Rental Details

Property City:

Memphis

Property State:

TN

Purchase Price:

$123,900

* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use

Case Study

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

A great big 'Thank you!' is due to the Passive Income Club for helping me locate a good property and make the entire purchase process go so easily. I will definitely use them again.