The STR Dream

[Victor Gurley Jr.]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $187,000
Cash invested: $15,000

This house was purchased and updated to use as a STR.

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

STRs in the Tampa Bay area are very profitable

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

I found it myself, represented myself, and negotiated the price down almost $10k with seller paying closing costs.

How did you finance this deal?

Conventional loan. 3.5% down

What was the outcome?

Successful STR

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Victor Gurley Jr, REALTOR