All Forum Posts by: Adam Hebekeuser

Good morning! Thanks in advance for anyone willing to share from experience. I started my vacation rental journey about 1.5 yrs back. I currently BRRR'd one cabin and have it going pretty well. Also, purchased my next fixer upper project in the same arera; lake community, pretty seasonal. My goal is to secure 10 in 5 yrs; I am behind on my timeline but learning and speeding up from what I've learned so far. I've been obsessing on this lake market with the idea that my vendors could help me scale here and faster.. It does take a while to get established in an area, that I am learning. However, in order to meet my goals, should I expand my horizons to 1-2 more markets so my purchasing velocity can increase? The other argument would be to stay where I am and be more efficient.

I'm in the middle of a deal on an old fixer upper cabin. The title work came back with a chain of old quit claim deeds (some originators have since passed). I'm told this could be a "no go" as it would need sign offs from a few unknown "next of kin", etc. to provide true permission for the current seller to sell to me with a warranty deed. The title company has tried to track down the family tree but has hit a dead end. Has anyone been through this before? I'd assume there is an alternate process to move forward with a special situation like this. Thank you.