Single Family AirBnB property in Boise

[Devin Creek]

Investment Info:

Small multi-family (2-4 units) other investment in Boise.

Purchase price: $350,000
Cash invested: $88,000

Single family AirBnB.

https://www.airbnb.com/rooms/53530217?preview_for_ml=true&source_impression_id=p3_1644451229_4WLzot8jeXboclPZ

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

Better cash flow in a higher priced market

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

Mls, conventional negotiation

How did you finance this deal?

Interest only, 7 year term, 30 year am

How did you add value to the deal?

Converted to AirBnB unit

What was the outcome?

TBD

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Elizabeth Campbell with Lysi Bishop Realty in Boise. Highly recommended