Recognizing STR values

[Charles R McElrath Jr.]

Investment Info:

Single-family residence buy & hold investment in Arlington.

Purchase price: $135,000
Cash invested: $35,000
Sale price: $135,000

Buy & Hold Airbnb

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

Opportunity in city's entertainment district

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

Realtor.com

How did you finance this deal?

Traditional

How did you add value to the deal?

N/A

What was the outcome?

Successful Airbnb

Lessons learned? Challenges?

Needed to learn to Negotiation strategies