My name’s Shawn Soltani, and I’ve been helping investors from the US, Canada, and Europe find amazing real estate opportunities in the beautiful south of Spain, particularly along the stunning Costa del Sol.Whether it’s for a vacation home or a solid investment, we handle everything from property searches to legal and financial support.

I own the land and it is valued at $150k. 

PS if you're really fired up about starting your journey, take a look at our BPCON 2024, it's in Cancun October 6-8th and it may feel like diving into the deep end but making that investment in yourself and your REI education can make a monumental impact as you get started!

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

I am new to investing and after a few deals that had multiple other offers that I didn't win out; I did execute a purchase agreement last weekend but doing more analysis on the property and potential rates being 7.5%, appears to be very tight to limited cash flow.

Taking 'effective' action is what you need to do next, find out what your goal really is and work backwards in discovering what you need to do to achieve it.

it's a volume game. 

I suspect this will all work out as its the SS space not MF

I'm most concerned about vacancy due to the higher price point of furnished and if it may be a better idea to lease unfurnished/ long term. 

@Malcomb Stapel one other thing about depreciation is that it is not optional.