Newbie here- I just have my one little property

Newbie here- I just have my one little property

Member since 2022 · 2 posts · 6 votes

Investment Info:

Single-family residence buy & hold investment in Riverton.

Turned my personal cabin into a STR in Strawberry, AZ and have generated ~$89K since June 2020

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

I had just gone through a divorce and didn't see myself going up to the cabin that much after that. A friend turned me on to Evolve who helped me get the pics and get it listed out there and a cleaning crew contact who is awesome!! I have been up there maybe 4 times and it rents at around 60-75%

How did you find this deal and how did you negotiate it?

Zillow- originally purchased for personal use

How did you finance this deal?

FHA fixed

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  • I​nvestor & Agent · Tulsa, OK · Member since 2016 · 1k+ posts · 1k+ votes
    3y

    Sounds like you made lemonade out of some lemons. Good job. 

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