Short Term Rental - Texas Hill Country

[George A. Douty II]

Investment Info:

Single-family residence buy & hold investment in Canyon Lake.

Purchase price: $264,000
Cash invested: $60,000

Short Term Rental in Texas Hill Country.

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

This is our path...we walk without fear

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

We knew the builder from a previous deal, made a fair offer.

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

Expand driveway, add front porch, added to back patio, all new furnishings.

What was the outcome?

It's operating as a STR.

Lessons learned? Challenges?

Turns out we do know what we are doing, lol

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

Angie Douty, Realtor