Jewel Rental in South Florida

[Robert Finn]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $1,050,000
Cash invested: $150,000

Bought during the housing crisis at the peak of the bubble. Only within the last 3 years, have we recouped on equity and now in a much better position.

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

Being near the beach and having a pool

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

MLS

How did you finance this deal?

Conventional

How did you add value to the deal?

remodel in 2020

What was the outcome?

High Occupancy in STR

Lessons learned? Challenges?

give yourself more time and add to the budget