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Updated 8 months ago, 05/03/2024

User Stats

1
Posts
1
Votes
Lataunya Williams
  • New to Real Estate
  • Atlanta, GA
1
Votes |
1
Posts

Airbnb Duplex in Atlanta, GA

Lataunya Williams
  • New to Real Estate
  • Atlanta, GA
Posted

Investment Info:

Small multi-family (2-4 units) other investment.

Cash invested: $20,000

Duplex on Airbnb with one side “Girls Trip” theme & the other side is “Bachelor Pad” themed.

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

I had an apartment I put on Airbnb & it was lucrative, but the company sold the property and I had to shut it down. I decided to expand my portfolio.

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

I was pitching Airbnb to homeowners on Facebook marketplace. I told them I would guarantee rent is paid & there property is maintained.

How did you finance this deal?

Business credit & personal savings

How did you add value to the deal?

I added value to this deal by making each unit a specific theme. Themes include “Girls Trip” & “Bachelor Pad”

What was the outcome?

I have been successful with cash flow since launching the duplex on Airbnb.

Lessons learned? Challenges?

Challenges I face include accountability for my team and having a consistent, affordable cleaning team.