Tampa House Hack

[Alvaro Zamora]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $327,000
Cash invested: $30,000

Residential House Hack, a single family residence with an Attached ADU located in the heart of Tampa. This was the first property I bought and what got me into the RE game.

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

I needed a place to live and did not want to keep paying rent. I wanted to house hack and I found this property with a newly remodeled interior and ADU, in an amazing location in Tampa Bay.

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

I found it on zillow but looking for houses with ADUs, my realtor and friend helped negotiate the property we got it under asking price with a regular mortgage.

How did you finance this deal?

Conventional Mortgage at 2.785%

How did you add value to the deal?

I converted the ADU into an Airbnb

What was the outcome?

I got to live for free, while building equity and gaining appreciation. Plus I got to master the Airbnb business