Short-term rental in Indian Rocks Beach, FL

[Ahmed Omran]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $472,500

It is currently operating as a short-term rental.

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

I started my first Airbnb in 2018 and wanted to grow my portfolio.

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

I found the deal on Zillow FSBO and contacted the seller.

How did you finance this deal?

Conventional mortgage

What was the outcome?

It is still operating as a successful rental and has almost tripled in equity.

[Robin Simon]

Congrats - looks like a home run!