Short-term rental in Indian Rocks Beach, FL
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $472,500
It is currently operating as a short-term rental.
What made you interested in investing in this type of deal?
I started my first Airbnb in 2018 and wanted to grow my portfolio.
How did you find this deal and how did you negotiate it?
I found the deal on Zillow FSBO and contacted the seller.
How did you finance this deal?
Conventional mortgage
What was the outcome?
It is still operating as a successful rental and has almost tripled in equity.