Updated almost 2 years ago on .
Airbnb Profitable Flip
Investment Info:
Single-family residence buy & hold investment in Bass Lake.
Purchase price: $150,000
Cash invested: $20,000
Sale price: $375,000
Fix and flip Airbnb. Used gross rent multiplier of $5000 a month rental to achieve higher value for sale as a business.
What made you interested in investing in this type of deal?
I like to buy properties with ADU and turn into duplex. Also location.
How did you find this deal and how did you negotiate it?
Off market.
How did you finance this deal?
Private Lending
How did you add value to the deal?
Rehab plus Proof of rents
What was the outcome?
Sold $375,000
Lessons learned? Challenges?
Great investment strategy. Plan to repeat
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I am the broker of Investing N Florida and work with many of our preferred partners
