All Forum Posts by: Leslie Villareal

@Robin Simon 

That is actually exactly what we are doing! Our plan is to do STR from about April-October and then find a mid term tenant (or 2) for the winter months

Thanks @Yue Lehman! Our big draw is in October with the International Balloon Fiesta. Aside from that we are seeing a lot of traveling professionals as well as families visiting relatives. We also have a mid term rental in the same area that has been doing great on Furnished Finder.

Investment Info:

Single-family residence other investment.

Cash invested: $16,000

We converted a long term rental into a short term rental. Cash invested went to furnishing, light renovation and landscaping

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

Looking to maximize our rental potential

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

We have owned this property as a long term rental for about 12 years and decided to furnish it and convert it to a short term rental

How did you add value to the deal?

Cash invested went towards light reno, furnishing and landscaping.

What was the outcome?

So far so good-- lots of weekend bookings and great reviews!

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

Leslie Villareal-- I am a Real Estate broker here.

Torry- We are in the process of doing just this right now! We have 2 SFR on the westside, that we have had a long term for the past 10 years. We converted one last September and are doing the other when our tenant moves out at the end of February. We are going the hybrid route, listing on both AirBnB and Furnished finder. I'd love to chat with you if you want my 2 cents! I'll send you a PM with my contact.

Hi Marcus- congrats on getting started on your investing journey! You are definitely in the right place here on BP, there is so much useful information to get you started! I am an investor and agent here in Albuquerque and would be happy to connect with you to see how I might help out. I'll send you a direct message and hope to hear from you soon!

Leslie

505-480-6738

Hi Chase-

Welcome to the BP community- you will find so many valuable resources here, as you can see by the previous responses (all great advice!) I am an agent here in Albuquerque and I would love to connect with you to see if I might be able to help you on your journey here! I'll send you a PM with my direct contact info- I look forward to speaking with you!

Leslie

Hi Isabella-

We had trouble finding someone we were happy with here in Albuquerque. We have recently started working with a CPA based out of Phoenix and have been very happy with her so far- very investor friendly! I can message you her contact if you're interested.

Leslie

Hi David- Welcome to the BP community! You will find so much useful information here, especially when you are just starting out. I am an agent and live here in Albuquerque and my husband and I invest in both single and multi family in Abq and Rio Rancho. I'd love to connect with you and see if I can help you on your investment journey! I'll send you a message now- hope to speak with you soon,

Leslie 

 I'll send you a message as well

Good morning,

I have several contacts that I can forward on to you- I'll send you a message now