Updated about 7 years ago on .
Rehab In Michigan turned air bnb
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $4,000
Cash invested: $30,000
How did you find this deal and how did you negotiate it?
Condemned house on the mls
How did you finance this deal?
Cash
How did you add value to the deal?
I rebuilt it myself
What was the outcome?
It’s on air bnb doing well
Lessons learned? Challenges?
I might not pick one that was this far gone again. I had no capital and it has turned out to be a great investment though.
