I Started My Investing Portfolio with My First Airbnb Arbitrage

[Dante Barnes]

Investment Info:

Single-family residence other investment.

Purchase price: $800
Cash invested: $4,000

I Currently run an Airbnb through Airbnb Arbitrage. I pay $800 a month for a 2/1 single family and cashflow $700-$1000 per month.

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

I've always loved the idea of investing in real estate. I would watch Rob Abasolo(Robuilt) on youtube really inspired me to stop thinking about it and do it. Then later I found bigger pockets and I'm on fire as ever.

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

I found this deal on Facebook Marketplace. One day I decided to pull the trigger so I messaged every landlord who had a listing in my price range and finally landed the BEST LANDLORD EVER!

How did you finance this deal?

My partner and I had a couple thousand of capital to pay the deposit and first months rent. My partner pulled out a $3,000 loan at the bank to cover furnishing the house on a budget.

How did you add value to the deal?

We painted the house to make it look more modern and open. Previously it was a coffee brown.