Short Term Rental in OKC

[Grayson Warren]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $292,000
Cash invested: $7,000

A short term rental in the heart of downtown OKC near the stockyards.

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

Our home was situated well in the city.

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

On market.

How did you finance this deal?

Bank Loan

How did you add value to the deal?

I did not.

What was the outcome?

It performed just OK

Lessons learned? Challenges?

3/2s are saturated in the urban core.