The Bakhtiari Group are a passionate investors themselves, thoughtfully building their own personal real estate portfolios. Each team member enjoys advising their clients through finding and funding great deals, whether it be short-term rentals, long-term rentals or fix and flips. Reach out today to learn more about investment opportunities in your area.
The Bakhtiari Group’s Personal Real Estate Investments
Purchased on 4/5/2019 for $150,000
Average Annual Gross STR income (2022 & 2023): $36,525.15
Purchased on 9/1/2017 for $349,933
Average Annual Gross STR income (2022 & 2023): $75,935.41
Purchased on 9/30/2019 for $140,000
Average Annual Gross STR income (2022 & 2023): $23,947.18
Sold in 2024 for $245,000.00
Purchased on 2/18/2022 for $183,000
Average Annual Gross STR income (2022 & 2023): $23,989.93
67-69 Railroad Ave, Salisbury, MA
2 units, 4 beds, 2 baths, 1,600 sqft
Purchased in September 2022 for $705,000 (fully furnished), used an investment loan (25% down) and bought 1 point to get a 5.625% 30-year interest rate. The property was appraised, prior to closing, at $750k which gave me “instant equity”. In year 1, I projected the property to gross about $100,000-$130,000 annually. With 2023 coming to an end, how did the property do?
Purchased on 9/14/2022 for $705,000
Annual Gross STR income (2023): $102,439.31
Purchased on 12/15/2021 for $260,000
Annual Gross STR income (2023): $33,555.50
Purchased for $335,000
Annual Gross STR income (2024): $32,000