Condo near a Mountain resort

[Jennifer Bendewish]

Investment Info:

Single-family residence buy & hold investment in Mammoth Lakes.

Purchase price: $52,000
Cash invested: $52,000

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

After spending my winters snowboarding, my dad helped me buy a condo in the mountains.

How did you finance this deal?

My father and grandparents made in happen in 1999.

How did you add value to the deal?

As the first occupant of the property, I was the hostess for all friends and family. After moving back to the city, we have kept the property as a short term rental