Single-family residence buy & hold investment in Sevierville.
Purchase price: $235,000
Cash invested: $38,000
Acquired Short Term Rental Cabin in Tennessee using airBnB strategy to generate positive cash flow
What made you interested in investing in this type of deal?
I was looking to diversify my real estate holdings and generate more cash flow.
How did you find this deal and how did you negotiate it?
Found this deal through the forums here as well as independent research through stats kept by National Park Service.
How did you finance this deal?
Lessons learned? Challenges?
Plan for system breakdowns and ask questions like how old is the heating system, water system, etc...
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Avery Carl was great on this acquisition
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