Vacation Rental Investment

[Krista Goodrich]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $300,000
Cash invested: $150,000

A1A dilapidated house that we purchased for cash and fully renovated into a glorious 4 bedroom vacation rental. Pool add Fall 2022.

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

I love investing in vacation rentals, especially when we have to use fun strategies to make them become legal vacation rentals.

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

MLS, multiple offer situation, found the cash to win.

How did you finance this deal?

Hard money plus personal cash.

How did you add value to the deal?

Renovated the entire house