Our First Airbnb, the journey has begun

[Jonathan Nachtsheim]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $490,000
Cash invested: $70,000

Airbnb in Cape Coral Florida

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

Visiting Cape Coral multiple time staying in various short term rental places. We wanted one for ourselves.

How did you finance this deal?

Second Home Mortgage

How did you add value to the deal?

We added landscaping ourselves, furnished the house ourselves

What was the outcome?

We're two months in during the slow season and just about broke even last month. :)

Lessons learned? Challenges?

How to get the place rented during the middle of the week.