Our second Short Term Rental

[Jeff Boyle]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $86,000

We purchased this home to do a light remodel then we will be turning it into a short term rental. It is mostly cosmetic updates.

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

It is one block from what will be the largest indoor sports complex in the US.

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

It was and on market house for sale in our MLS

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

New paint, New carpet, new landscaping, new kitchen and updated the bathroom.

What was the outcome?

Still under construction

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

I am a realtor.