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rental DEAL

Angela Holladay

Real Legacy Homes, LLC in Columbia, SC
Angela Holladay with Itzel Alicea

We found this house through our local MLS and it was funded through one of our favorite HML's,. This is a small bungalow style house in a fast-growing area in town where it was outdated, had termite damage and needed our team to provide some new life! We went in with the exit strategy that we would rehab the house and resell it. Once we rehabbed the house, we put it on the market and had a lot of showings. We received several offers, but not quite the offer we were hoping for. We knew this property was made for so much more greatness. We immediately scheduled a call with Christy Duckett Harris and she recommended turning it into an Airbnb/short term rental. We did some research of the area and the going rates for Airbnb. We are now steadily booked and CASH FLOWING on average $750 per month! What a great concept and a different exit strategy!

Rental Details

Property City:
Cayce
Property State:
SC
Purchase Price:
$60,000
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in advanced FortuneBuilders’ training and coaching. The participants shown are not paid for their stories; however, some of the students depicted may also be a FortuneBuilders' coach, and our coaches are compensated for their services. We believe in full transparency, so please read our Earnings and Income Disclaimers and Terms of Use

Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

Through our education and coaching, we were able to talk through our different options when we were getting below than asking price offers. Since this coaching call and introduction to the Airbnb concept, we now own 4 Airbnb's and have to think about this strategy first when we discuss buy and holds.