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Updated over 3 years ago on . Most recent reply

User Stats

219
Posts
249
Votes
Bailey Kramer
  • Rental Property Investor
  • Durham, NC
249
Votes |
219
Posts

My newest Airbnb! The Johnsburg ESTATE

Bailey Kramer
  • Rental Property Investor
  • Durham, NC
Posted

Investment Info:

Single-family residence buy & hold investment in Johnsburg.

Purchase price: $779,000
Cash invested: $180,000

This is my newest Airbnb, known as The Johnsburg Estate! It's right on the beautiful Chain O'Lakes in Northern Illinois with 200ft of water frontage! It has both the main house, guest house, and a basketball court. This property can sleep up to 22 people, making it perfect for large groups!
We charge $1,399/night in the summer and $799/night in the winter
Stay tuned as we plan on adding a lot more amenities (:

How did you finance this deal?

Private investors! We raised $180,000 from private investors

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

Nope, off-market deal!

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