First Short Term Rental

[Jeff Dawson]

Investment Info:

Single-family residence buy & hold investment in Beaufort.

Purchase price: $295,000
Cash invested: $2,300

Purchased with a partner that currently owns one STR in the area. Light rehab with the bulk involving scraping the upstairs popcorn ceiling and landscaping.

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

Zillow. There were some issues during inspection we were able to use in negotiations.

How did you finance this deal?

Conventional

How did you add value to the deal?

Light rehab, landscape