Million Dollar View- Glamping AIrBNB Enumclaw

[Justin Rush]

Investment Info:

Single-family residence other investment.

Cash invested: $27,000

Bought my dream home, and top of property had a million dollar view for AIRBNB. So far, spent $27,000 prepping/ building glamping AirBNB on property. Was about to list on AirBNB (already had friends and family booked for aggregated 50 days @ $200 a night), before I nedeed to revert my time elsewhere. Will be listing shortly, estimated monthly income for STR VRBO/ AirBNB estimated @100-150 per night. Has electricity, wifi, HVAC, and stove. Could charge $200-250 a night if plumbing was installed.

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

Allows myself to gen erate cash flow on primary residence.

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

I thought of it myself. I negotiated the price of the geo-dome and the land prep.

How did you finance this deal?

I leveraged my own savings.

What was the outcome?

Current outcome is AirBNB is 90% complete.

Lessons learned? Challenges?

I did everything myself. This was a hard lesson learned. I needed to buy >$2,500 in tools to complete, and at the time did not have a generator and never built something to this scale. With this, Spent >150 hours hammering nails and learning as I went. I could've easily paid a handyman to assist, saving me hundred of hours.