Updated about 1 year ago on .
Laurel Short Term Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $145,000
Cash invested: $80,000
Single family short term rental
What made you interested in investing in this type of deal?
location is killer
How did you find this deal and how did you negotiate it?
MLS and had some aspects which scared others off
How did you finance this deal?
traditional 30 year
How did you add value to the deal?
the show Hometown did a remodel and I remodeled the remainder of the home
What was the outcome?
value to day is somewhere in the $350k range with a steady monthly income of $2,200 which should increase by 50%
Lessons learned? Challenges?
old wood houses sure are needy
