Short Term Rental Business

[Rob Massopust]

Investment Info:

Condo buy & hold investment.

Furnished Semi Short Term* Rental in Hip and Trending Downtown Santa Ana Neighborhood

*Rents for 30+ Days to Corporate and Medical Professionals.

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

Better strategy than typical rental. Higher quality of tenants. Higher rents and more control.
We are expanding this concept to higher valued add deals and going all in on ADU development and taking advantage of this historic convergence of market trends, demographics and political climate.

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

Was looking for areas with upside and still affordable in Orange County Ca

How did you finance this deal?

Conventional Loan

How did you add value to the deal?

Fixed up and Rented Furnished. Helped with condo conversion.

What was the outcome?

Doing Great, set up about 14 more units such as this and 2 more in process.

Lessons learned? Challenges?

Ongoing, come back to this one

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

I am an investor and real estate broker [investor friendly].
I have a building team of professionals to help and assist others looking for the Trifecta in local real estate investing.