Airbnb investment property

[Jenny Perron]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $150,000
Cash invested: $100,000

I have rented this for 4 years now I am renovating it for an Airbnb now once on airbnb it will do 10-20K a month

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

I bought it from a client who wanted a fast sale

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

she wanted 200K I offered 155K she said yes

How did you finance this deal?

conventional

How did you add value to the deal?

I rented it out for 4 years now turning it into a airbnb it is now worth 400K

What was the outcome?

cash flow