All Forum Posts by: Adrian Lammersdorf-Scioll

 Thank you, I just reached out to you with the number you have.  Message me if that’s not your direct line and I’m interested to chat more about your brokerage

Hello everyone.  I'm on the hunt for a brokerage that allows property management and real estate sales.  Also one with low fees, and preferably not cloud based or revenue share based, any recommendations are greatly appreciated, thank you!

Looking to connect with some property management companies in the Orlando area.  Please send me a message and lets connect, and see how we can benefit one another.  I am well aware there is a property management finder and have spoken with several on there.

New Smyrna Beach and the HOA doesnt allow rentals less than 1 month. We actually have it fully booked now. The little price drop worked great.

Hi Mario welcome, I'm a fellow realtor that works with investors as well in the Orlando area.  Feel free to reach out if you'd like to connect.

Get your W-2 income up, and work on buying a spot that you can rent the rooms out, or a duplex you can rent the other side of.  Also make sure you are familiarizing yourself with the cost of properties in the area you'd like to buy so you know what a good deal is when one comes up.  Find someone who has done it, and see if they can help you as well.  It helps a lot to get advice from others who have done it so you know what to do, and what to expect.

I appreciate all the help!  I actually did get someone, but then they tried to hustle us with a wayyy lower price when he went to pay.... :/

I'm working on helping some clients/friends of mine get their condo rented as a medium term rental, but not getting many hits on it, only one person that never answered me back after multiple calls and texts (stay has to be 30 days or longer).  

The trouble I am having is there is no comps to look at in the immediate area, so I just took some comps that were miles away up further north, and subtracted a little bit since the area was located near more desirable restaurants and shopping. It has been about 2 weeks of having it listed on furnished finders, air bnb, booking.com, facebook marketplace, and the MLS. I have only got 1 person that requested at 3 am, but never answered me when I called/texted in the morning.

Has anyone run into this issue with not finding any comps and if so what did you do to find the right price and get it rented?  I am lowering the price this week, but am just curious on how often it should be reduced if I'm not finding anyone in the medium term rental world?  Any help is greatly appreciated, and I am also not looking to outsource to anyone, so thanks for wanting to inquire, but please provide some help alone if you have any

**Also side note there is not even comps for long term rentals in the area either, I am a realtor and have never seen something like this, I even went years back to see.  It is a populated area, and not in the middle of nowhere either.**

Go to Facebook and find pace morby subto community, you may even find one for you specific city.  Once in there you will find plenty of people that are doing it, although the ones that will connect with you will most likely be begginers that don't know too much.  If you have the money find the top player for sub to in your area and partner up with them, just make sure you got a great attorney to help structure the partnership.

The best way to cash flow/live free from something like this in my opinion is find a 2/1 on both sides duplex near the actual city of Orlando (theres alot near the advent hospital) that you can fix up to add immediate value. Make sure to do a FHA 203k loan so you can finance most of the renovation and save some money for anything that may come up, and furniture. Air Bnb the other side while you and your friend live in one side so you live free, and after a year you can make both sides medium term rentals and buy something else. Look up on pinterest some good ideas to make the renovation stand out and place have trendy furniture. Then after a year refinance into a conventional since most experts say they will drop by that time, and do it again. You may not cash flow that much, but over time you will eventually get there.

I'm doing this myself, but made the mistake of not doing a 203k loan and put most of my funds into renovation with cash. The 0% down FHA wasn't available at the time either. Anyways you will need a job to get that so make sure you have something lined up and maybe live in a medium term rental with your friend until you have enough income to buy something, and learn how they are run.