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Updated about 3 years ago on . Most recent reply

User Stats

302
Posts
186
Votes
Cole Simpson
  • Rental Property Investor
  • Columbia, SC
186
Votes |
302
Posts

Short term rental deal

Cole Simpson
  • Rental Property Investor
  • Columbia, SC
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $608,000
Cash invested: $90,000

Short term rental in Blue Ridge, GA

https://www.airbnb.com/rooms/52794931?source_impression_id=p3_1641353543_RBTVETJFSvdJXJxD

What made you interested in investing in this type of deal?

cashflow

How did you find this deal and how did you negotiate it?

on market for 90+ days

How did you finance this deal?

second home loan

How did you add value to the deal?

got hvac and roof replaced, furnished

What was the outcome?

cashflows 4k a month

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