My first incursion into Real Estate

[Juan Salazar]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $172,500
Cash invested: $172,500

First house purchased - Using it for Airbnb Hosting

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

A believe that people want to look for options when traveling

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

Realtor's friend

How did you finance this deal?

Cash from savings

How did you add value to the deal?

Appraisal District and comps per sq/ft

What was the outcome?

2 1/2 years of cash flow from resting

Lessons learned? Challenges?

Not much $$ invested into improvements

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

Agent and Lender