Updated almost 4 years ago on .
Jewel Rental in South Florida
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,050,000
Cash invested: $150,000
Bought during the housing crisis at the peak of the bubble. Only within the last 3 years, have we recouped on equity and now in a much better position.
What made you interested in investing in this type of deal?
Being near the beach and having a pool
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
Conventional
How did you add value to the deal?
remodel in 2020
What was the outcome?
High Occupancy in STR
Lessons learned? Challenges?
give yourself more time and add to the budget