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Updated over 2 years ago on . Most recent reply
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How did you find your first investors?
I found this great property in Largo, Florida, that another investor and I would love to pursue but need some creativity. It is a beautiful property with two homes on the land. I have an entire business/investment work up on it including market research and researched numbers on potential revenue, etc. I've attached them and would love some feedback on creative real estate. I am interested in building upon my family legacy in hospitality as I grew up on a small lake resort in Minnesota. I have an airbnb home in Minnesota right now, and the other investor involved has multiple investments. We still need approximately $200k. I am looking for anyone would be interested in this or talking further, or I would like to hear some questions or objections so that I can make sure that I have answers to all concerns.
Thank you so much!!
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Oh rehab... the other investor and I were thinking a total of 75k in physical rehab to both homes, 80k for the installation of a beautiful pool area, and about 50k for the interior design on the homes.
To anyone who is like WOW those are big numbers for this STR, we want to present a boutique-style stay and experience, and it's two homes. One is a 4 bedroom home and the other is a 3 bedroom home.