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Updated over 4 years ago on . Most recent reply

User Stats

19
Posts
15
Votes
Tom Sharkey
  • Rental Property Investor
  • Kansas City, MO
15
Votes |
19
Posts

Short Term Rental AirBnB

Tom Sharkey
  • Rental Property Investor
  • Kansas City, MO
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $182,000
Cash invested: $1,000

Contributors:
Sofia Sharkey

Running an Airbnb in Westport Area

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

The profit margins

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

It's my first investment property and I just bought it off the MLS at market value. The airbnb margins work well with market value prices if the location is right.

How did you finance this deal?

Conventional

How did you add value to the deal?

Furnishing the place with stylish new furniture. Paint and furnish upstairs attic.

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