Short Term Rental - Brownsville TX

[Jesus Garza]

Investment Info:

Single-family residence buy & hold investment in Brownsville.

Purchase price: $275,000
Cash invested: $28,000

Short Term Rental in Brownsville Texas. Amazing location, pool and house!

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

The location. Space X, Mexico, and close to the beach.

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

I found this deal on zillow and I negotiated this deal from 335K to 265K

How did you finance this deal?

Used a loan to attain the property.

How did you add value to the deal?

Professional Photos and added a salt water pool

What was the outcome?

Currently the number 1 gross property on Airdna (Brownsville Texas location)

Lessons learned? Challenges?

Ensure you work with a real estate agent if it's your first deal and buying out of state.

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

Yes, I would not recommend.