Updated over 3 years ago on . Most recent reply
Short term vacation rental property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,500,000
Mnt home in Eagles Nest. Currently in Blue Ridge Mountains rentals program
What made you interested in investing in this type of deal?
The area
How did you find this deal and how did you negotiate it?
Realtor
How did you finance this deal?
Mortgage
Lessons learned? Challenges?
Challenge: making sure we understand the tax laws and have the property significantly covered by insurance and putting it in an LLC