Small multi-family (2-4 units) buy & hold investment in Anchorage.
Purchase price: $320,000
Cash invested: $80,000
Partnership with Vance Foster to purchase up/down duplex that we will be using as a short-term vacation rental.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Realtor and investor, Keenan Fitzpatrick (Also on BiggerPockets)
Congrats man! That looks awesome. Are you STRing both the top and bottom? What is each expected to gross?
Looks nice, we were at a bachelor party up by there recently. It was a great time.
@Sean McDonnell Yes! STRing top and bottom. During winter months I'm hoping for $1.4k/month on the bottom, $2k/month on top, during summer $4-5k/month on the bottom, $5-6k/month on top. Could be more but I feel like these are conservative estimates.
Wow! That's awesome
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