Tranquil Bliss Near the Beach

[Slaven Slugic]

Investment Info:

Single-family residence other investment.

Purchase price: $630,000
Cash invested: $120,000

I've bought this property as a short term investment as well as a property I can stay at when I want to escape Seattle weather

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

Great value for the house in an upcoming neighborhood. Very close to the beach and short term rental is allowed

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

Personal research. Not too much negotiation. Could have been done better

How did you finance this deal?

Conventional loan

How did you add value to the deal?

Home improvements.
New Roof
Garage-> Bedroom conversion
Windows
etc...

What was the outcome?

Huge appreciation within few years due to pandemic and inflow of New Yorkers to Flordia