Nashville BRRR/Air BNB

[Blane Morgan]

Investment Info:

Single-family residence buy & hold investment in Nashville.

Purchase price: $180,000
Cash invested: $50,000

New Venture for me to work with my Sister to create a space that carried a vision for her company/brand. Her vision was to create an atmosphere that was special and to organically grow it into something very special and personal. This has been by far the most inspiring project to date! Budget was blown but the end product is amazing!

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

My Sister had a vision for one of the 13 Adobe Homes in East Nashville

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

Family

How did you finance this deal?

30 year fixed

How did you add value to the deal?

Vision

What was the outcome?

80K plus value Add

Lessons learned? Challenges?

Let Artist work their vision,

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

Yes Brian Vance