Skip to content
Real Estate Deal Analysis & Advice

User Stats

8
Posts
7
Votes
Steve Bush
  • Real Estate Agent
  • Woodland Hills, CA
7
Votes |
8
Posts

Looking for another short term rental in Wine Country - Temecula

Steve Bush
  • Real Estate Agent
  • Woodland Hills, CA
Posted Oct 21 2021, 08:57

Investment Info:

Single-family residence buy & hold investment in Temecula.

Purchase price: $900,000
Cash invested: $600,000

Purchased an existing short term rental fully furnished using equity from existing home here in Los Angeles. Place has been booked solid since purchase. Looking to purchase 2 additional properties within 20 minutes of each other.

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

It was the ideal time for short term rentals to open back up coming out of 2020. Currently managing 2 short term rentals in Los Angeles. Laws here are being increasingly restrictive.

Loading replies...