Laurel Short Term Rental

[Shuff Mauldin]

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