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Updated almost 2 years ago on . Most recent reply

User Stats

241
Posts
136
Votes
Jarrod Covey
  • Lender
  • Austin, TX
136
Votes |
241
Posts

Short Term Rental Expansion

Jarrod Covey
  • Lender
  • Austin, TX
Posted

Investment Info:

Condo buy & hold investment.

Purchase price: $650,000
Cash invested: $65,000

Licensed short term rental near Rainey district in Austin, Texas

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

The fruitful market

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

Local real estate broker

How did you finance this deal?

traditional

How did you add value to the deal?

design

What was the outcome?

cash flow

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