Our latest Short-Term Rental Purchase

Lauren and I would like to share our latest Short-Term rental property.   It is a two bedroom NO bathroom 200 ft.² property, new build located in California.  The property was completed on October 30th

Even though the property does NOT have a bathroom it has tons of potential based on location and the uniqueness of the property.

Lauren and I were quick to move on this one…. We were able to lock it up and arrange for an inspection and pest report…

The inspection report came back with some questionable electrical problems and structural issues.  The property was composed of metal framing and reclaimed plastic siding.  In addition, there was no plumbing… Also, of note the builder stated that the project was completed in one day.

The pest report was also concerning… the inspector identified a spider infestation and signs that a ghost occupied the facility.

Lastly, the owner wanted to stay in the property until after Halloween and refused to let go of his bowl of candy…

Normally, we would just walk from a property like this but as you all know it’s a seller’s market… and our agent really believed this was a great deal… Location, Location, Location and the other stuff would be easy fixes…

She added that the electrical problems, spiders, lack of plumbing, ghost and semi-permanent resident only added to the character of the place…. It would be perfect for a haunted themed STR…

We took the next step and showed the kids and they were sold…. So we bought the place the day before Halloween and decided to host all our friends and family for Halloween night…

These photos are from our haunted house that we made over the weekend.

Here is our quick guide to an easy to set up haunted house.

Buy two 10×10 pop ups and set them up side by side.

Enclose the popups with plastic siding.

Then cut a entry door in one of the four walls right down the middle…

Add some creepy posters and then repeat the same process to connect to the other “room” (pop-up).

Go to Spirits Halloween and buy a bunch of Halloween decorations.

Fog machine, strobe light, crazy “electrical” flickering lights.

A poltergeist TV…. You get the idea

You can add a creepy scarecrow that screams when you try to grab his candy



And then if you really want to go big you can buy a projector from Amazon ($189) and download some very creepy scary Halloween computer generated videos ($9) that you can project on your wall using your projector.

(atmosfx.com) is the site to check out for holiday themed video downloads.

Then enjoy.

What is nice about this Halloween set up is that minus the plastic siding the other portions get reused each year and the pop-up gets used throughout the year.

Lastly, the pop-ups create a form of modular housing that you can add as many pop-ups as you would like… depending on how large you want your haunted house to be.

We usually use two but are thinking about adding a third one for next year and making it a longer haunted house.

Lauren and I hope you all had a happy and safe Halloween and here’s to next year.

Enjoy your Journey to Financial Freedom

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