Updated about 2 years ago on .
The STR We Built
Investment Info:
Single-family residence other investment.
Cash invested: $40,000
This is an STR that you can review on AirBnB
What made you interested in investing in this type of deal?
High ROI
How did you find this deal and how did you negotiate it?
Had a service find it for us.
How did you finance this deal?
Cash
How did you add value to the deal?
We did the design and remodel.
What was the outcome?
It is an operational STR
Lessons learned? Challenges?
Location Location Location is everything everything everything
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Understand that you are no longer in traditional real estate/landlord business that you are in hospitality business weather you like it or noe even if someone else is managing the property.