Single-family residence buy & hold investment in Phoenix.
Purchase price: $321,000
Original house hack hack > long term rental > AirBNB
Great work Dean. Although what is the highlight of the home considering it's now a AirBnB model strategy? I didn't understand that part? Beachfront? In ground pool? etc. Congrats!
@Dean Salasnek I've seen a lot of investors turn to the AirBNB space to maximize on CoC. Curious though, how do you calculate vancancy rate when running the numbers? Are there comparables to look at for AirBNB proeprties? I can imagine this investment strategy only works in specific markets. Overall, why did you decide no longer keep as a rental?
Nice! Thanks for sharing @Dean Salasnek !
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