Airbnb Rental Arbitrage #1

[Cavan Mitchell]

Investment Info:

Other other investment in Baltimore.

Cash invested: $10,000

Airbnb Rental Arbitrage

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

Wanted to try Airbnb Arbitrage

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

I found the deal by driving around and researching the neighborhood.

How did you finance this deal?

Self financed

How did you add value to the deal?

Furnished it and made it tenant proof.

What was the outcome?

I am remotely managing the property

Lessons learned? Challenges?

Finding good help is important. I am lucky to have someone consistent to clean the apartment on a reliable schedule.

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

Just worked with property manager.