Class Beach House Vacation Rental

[Joe Rohne]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $426,000
Cash invested: $90,000

2 bed 2 bath short term vacation rental 2 blocks to the beach

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

Cash flowing short term rental

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

MLS, negotiated with Broker

How did you finance this deal?

Conventional loan

How did you add value to the deal?

replace deck, new floors, landscape

What was the outcome?

cash flowing property

[Joe Rohne]

Quote from @Kyle Tusing:

Nice deal, how has the experience with STR's been for you? do you just use Airbnb? Do you manage it yourself or have someone manage it for you?

I self manage and list my short term rentals on airBNB, VRBO, and I have a direct booking site. I am on pace to hit my year 1 goals with this investment.