Vacation Rental Investment

2 Replies

Investment Info:

Single-family residence buy & hold investment in Kings Beach.

Purchase price: $175,000

Vacation Rental in Lake Tahoe, Ca.

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

I get to use it, and cash flow more than I would with a traditional renter.

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

MLS, yes I negotiated and bought it over 30K less than the asking price.

How did you finance this deal?

Conventional loan with a bank.

How did you add value to the deal?

I did light repairs, added a fireplace and furnished with high end furniture.

What was the outcome?

A cash flowing Airbnb!

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you