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Updated 8 months ago, 05/03/2024
Airbnb Duplex in Atlanta, GA
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.