Short Term Rental/AirBnB Project-Texas 🚀

[Kristine Flook]

Investment Info:

Other other investment.

Purchase price: $929,000

📌 Airbnb 📌
Short Term Rental Container retreat/Tiny Homes are coming together beautifully. So excited for what’s to unfold in Canyon Lake, Tx 🚀🚀🚀
22 short term rentals are about to launch. Four acres on the lake. Great for family gatherings, yoga retreats, company trips. This amazing destination vocation will for sure be one to remember!

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

Alternative Investment

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

My niece is local agent in the area

How did you finance this deal?

Bank in Texas

How did you add value to the deal?

Infrastructure and shipping container/tiny homes and more

What was the outcome?

AirBnB

Lessons learned? Challenges?

Joint Venture

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

YES

[Judy Lloyd]

This is a terrible use of this land.  These investors went in and tore up the land to put these ugly container homes on.  The noise level is going to be off the charts because the units are in a canyon that echos. It's not even a good place to enter the lake as it is really steep and there are tree trunks and other junk in that part of the lake. Obviously these investors don't even know the lake. Such a shame.