First short term rental for year one !

[Brandon Gonzales]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $59,000
Cash invested: $40,000

Under construction

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

Found it off market at a really good price

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

Our accountant knew the owner was wanting to sell his rental properties we bought 2 in one deal

How did you finance this deal?

Cash

How did you add value to the deal?

Currently doing a full remodel on one the other was just paint and cosmetic

Lessons learned? Challenges?

Dealing with contractors getting them done in a timely fashion is a challenge!

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

My wife did most of the deal no agent involved