Short-term rental (first property)

[Hunter Hanlon Taylor]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $375,000
Cash invested: $87,000

STR

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

Avery Carl's Book, 'Short-term rental, long-term wealth'

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

With the help of an investor-friendly agent

How did you finance this deal?

30-year fixed DSCR

[Hunter Hanlon Taylor]

Hey, Jaycee, I've only been running it for a couple of months now since I closed but it's been doing about $6000/month in gross rents so far, this month will very likely be closer to $4500-ish since it's by far the worst month of the year for rentals in that area.  I am looking to buy more, my next one will probably be in northern Ohio within the next few months.