STR in Vermont

[Eric Wagner]

Investment Info:

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

Purchase price: $560,000
Cash invested: $140,000

STR investment

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

Cashflow and the ability to use the property.

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

Realtor and yes

How did you finance this deal?

Conventional

How did you add value to the deal?

Improvements

What was the outcome?

Great space

Lessons learned? Challenges?

Improvements took longer than expected.

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

Yes