First Single Family STR

[Joe Kern]

Investment Info:

Single-family residence buy & hold investment.

Single family rental in manatee county Florida.

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

Location

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

Researched the area , contacted local team through biggerpockets

How did you finance this deal?

Second home loan , conventional

How did you add value to the deal?

New game room, backyard turf , new appliances , paint , etc

What was the outcome?

Currently active STR

Lessons learned? Challenges?

Hiring a PM is more expensive than anticipated. Always underwrite conservatively

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

Yes