Short Term Rental/AirBnB Project-Texas π
Investment Info:
Other other investment.
Purchase price: $929,000
π Airbnb π
Short Term Rental Container retreat/Tiny Homes are coming together beautifully. So excited for whatβs to unfold in Canyon Lake, Tx πππ
22 short term rentals are about to launch. Four acres on the lake. Great for family gatherings, yoga retreats, company trips. This amazing destination vocation will for sure be one to remember!
What made you interested in investing in this type of deal?
Alternative Investment
How did you find this deal and how did you negotiate it?
My niece is local agent in the area
How did you finance this deal?
Bank in Texas
How did you add value to the deal?
Infrastructure and shipping container/tiny homes and more
What was the outcome?
AirBnB
Lessons learned? Challenges?
Joint Venture
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
YES
Most Popular Reply
This is a terrible use of this land. These investors went in and tore up the land to put these ugly container homes on. The noise level is going to be off the charts because the units are in a canyon that echos. It's not even a good place to enter the lake as it is really steep and there are tree trunks and other junk in that part of the lake. Obviously these investors don't even know the lake. Such a shame.