STR Investment in Florida

[Karen Alegi]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $432,000
Cash invested: $287,000

Just purchased a SFH in Tampa for a STR.

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

We wanted a property in a warmer climate that we could also use for ourselves.

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

We used a local real estate agent in the area.

How did you finance this deal?

Commercial loan. 1031 Exchange proceeds from our first investment property.

How did you add value to the deal?

Used online calculators to determine rental potential.