1st Short Term Rental

[Russ Kikkert]

Investment Info:

Single-family residence buy & hold investment in Campton.

Purchase price: $159,000
Cash invested: $15,000

Short term Rental

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

Started off as a family getaway before realizing the revenue potential and converting it to an investment property.

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

Working through a real estate agent.

How did you finance this deal?

Cash

Lessons learned? Challenges?

Don’t trust your home inspection. So many things came up after that needed attention. Make sure you have cash reserves to cover those issues if your purchasing an older home