The STR We Built

[Mark Davis]

Investment Info:

Single-family residence other investment.

Cash invested: $40,000

This is an STR that you can review on AirBnB

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

High ROI

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

Had a service find it for us.

How did you finance this deal?

Cash

How did you add value to the deal?

We did the design and remodel.

What was the outcome?

It is an operational STR

Lessons learned? Challenges?

Location Location Location is everything everything everything

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Understand that you are no longer in traditional real estate/landlord business that you are in hospitality business weather you like it or noe even if someone else is managing the property.