First home turned into viable STR property

[Daniel Tisdale]

Investment Info:

Single-family residence buy & hold investment in Austin.

Purchase price: $325,000
Cash invested: $20,000

First home purchase that I house hacked with roommates and now turned into STR

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

Great first deal to get my feet wet into real estate

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

MLS and with my realtor

How did you finance this deal?

Conventional financing

How did you add value to the deal?

Turned into STR

What was the outcome?

Currently renting to a tenant on 12 month lease

Lessons learned? Challenges?

Take action and get started and your first property can set you up for future success