All Forum Posts by: Sophie Steilen

Thank you all so much!! Checking out Tony Robinsons content now, and did a full search of past posts. I Have been using airbnb to validate the findings and it seems to work! There's just a lot of variance. Thank you!

Hey everyone! 

I am looking to purchase a cabin in arrowhead CA, betting that it will go up in value but I also want to use it as an airbnb for cash flow. It would be my first short term rental and I'm wondering if anyone has any tips for estimating what type of return I would likely see? I used this website Airdna, which is great but I have no idea how accurate it is. Has anyone ever used it and found it to be accurate or inaccurate? Or any other tips they recommend? 

Thanks!

Investment Info:

Single-family residence buy & hold investment in Austin.

Purchase price: $230,000
Cash invested: $8,000

I saw that tesla was likely to build a campus right by the property, and it was really the last corner of Austin that was affordable, so I thought it would be a good bet :)

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

books like rich dad poor dad, and rental property investing

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

A great real estate agent - Daniel Cline

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

YES! Daniel Cline