Unique Short Term Rental Developement

[Jamaal Ragland]

Investment Info:

Other other investment.

Purchase price: $99,000

A 2.2 acre lot with permitted container home plans ready to be built in the lovely up coming tourist spot of Joshua Tree Ca. Perfect development for a short term rental to produce cash flow!

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

Was interested in the unique development builds for short term rentals.

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

I bought the land and had the plans permitted.

How did you finance this deal?

Private loan

How did you add value to the deal?

Installed water meter and permitted the plans

What was the outcome?

Plans have been permitted

Lessons learned? Challenges?

Unique developement face different loan challenges

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No