Condo Investment for STR and MTR

[Eric Silvers]

Investment Info:

Condo buy & hold investment.

Purchase price: $365,000
Cash invested: $217,000

This investment was made during a 1031 Exchange. The property is used as a STR and MTR.

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

We wanted to get into STR and MTR.

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

We found it via exploring New Braunfels and we negotiated using another agent prior to my licensure.