Athens Condo, AirBNB

[Ryan Burlison]

Investment Info:

Condo other investment.

Purchase price: $185,000
Cash invested: $90,000

Condo 1mi from DT Athens. We have been renting it out, but will be going live with our AirBNB in January.

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

AirBNB opportunity

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

mls, used an agent

How did you finance this deal?

own capital

How did you add value to the deal?

no value added yet

Lessons learned? Challenges?

on the next deal, I want to get better at creative financing. Since this is our first airbnb try, I wanted to use our own money for the investment.

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

Yes