Short Term Rental AirBnB
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $182,000
Cash invested: $1,000
Contributors:
Sofia Sharkey
Running an Airbnb in Westport Area
What made you interested in investing in this type of deal?
The profit margins
How did you find this deal and how did you negotiate it?
It's my first investment property and I just bought it off the MLS at market value. The airbnb margins work well with market value prices if the location is right.
How did you finance this deal?
Conventional
How did you add value to the deal?
Furnishing the place with stylish new furniture. Paint and furnish upstairs attic.