First AirBnB Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $280,000
Cash invested: $21,500
We wanted to get into the STR space, and found a need for 4-bedroom houses. This new construction offered a great opportunity to do just that. A good value in a growing area of Greensboro made this an easy decision.
How did you finance this deal?
Conventional 30-year mortgage
What was the outcome?
Success! We've been hosting the property for one year now with an 80% occupancy rate.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Yes, The Gibson Group, Isaac & Lauren were phenomenal to work with and would highly recommend them to anyone looking to buy or sell in the area.
