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Updated almost 2 years ago,
Georgia 3Be/2Ba/2Car house Airbnb
Investment Info:
Townhouse fix & flip investment in Flowery Branch.
Purchase price: $199,000
Cash invested: $22,000
Sale price: $250,000
3 Bed/2 Bath, 1152 sf, 2-car.
What made you interested in investing in this type of deal?
Air DNA numbers on properties in this area.
How did you find this deal and how did you negotiate it?
Realtor.com and submitted offer through our Realtor.
How did you finance this deal?
Conventional w/25% down
How did you add value to the deal?
Asked and received several seller's contributions
What was the outcome?
https://airbnb.com/h/stayatlakelanier
Lessons learned? Challenges?
Furnishing this property was somewhat of a challenge and obtaining the necessary permit from the County was challenging.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Mike Price, esp Realty, LLC., (678) 810-1147, www.mikepriceteam.com