On August 23rd 2017 we bought this rental property, and it needed very little repair. The expected cap rate is 15%.
Owner and Founder, Claudio Fahmy, grew up in Italy and went to College in Germany at Universitat Zu Koeln where he earned a Degree in Biology. In Italy he worked for his father's company, Edil Fahmy, to fix and remodel several houses and buildings. After graduating from college, he became a full time investor, investing in stocks, commodities and real estate. In 2009, after moving to the US, he founded Zero Debt Investments and started to aquire aggresively several foreclosed properties in Michigan. View all posts by Claudio Fahmy