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All Forum Posts by: Andy C.

Andy C. has started 29 posts and replied 74 times.

Post: Cincinnati - Need Property Management Recommendations

Andy C.Posted
  • San Mateo, CA
  • Posts 77
  • Votes 28

Hi BP Community,

I'm searching for well experienced and reviewed Property Management companies specifically for multifamily in the Cincinnati area.

If anyone has any anecdotal experiences or recommendations, can you pls DM me or share? Thanks in advance.

Andy

347.679.5966

@Michael K Gallagher Michael what do you mean by direct bookings or direct sites? I know sounds like an obvious question or response but wondering if you mean by having my own dedicated website and having it SEO for certain keywords?

@John Underwood thanks for the response john, really interesting with Facebook Marketplace as I've tried my hand in it but was getting a lot of Random interest that seem to have been a lower quality than I would have expected or desired.

Can I ask, when you say groups what do you mean by that? Are you talking about forums or interest specific groups? I assume the latter.

@Brooklyn McCarty great point and advice, really appreciate your thoughts Brooklyn

@Michael Baum thanks Michael really appreciate your response I am definitely looking into it

Hi BP,

Does anyone have any experience marketing their Airbnb off platform and or finding ways to get more business from other sources or channels, such as corporate bookings or other avenues?

My name is andy, and I currently own a short-term rental property/airbnb up in Truckee near Lake Tahoe. We acquired the property over 2 years ago, renovated it and have just over a year of short-term rental experience under our belts.

There was a steep learning curve up front, but everything has gone pretty well so far. We are very thankful, especially given more recent economic conditions. We have also learned the dynamics of a vacation rental where things come in waves where winter and summer are high demand, and everything in between is considered the shoulder season.

That all said, we're hoping we can fill in the shoulder season lows a bit with more Diversified bookings from other places or sources, but unsure of any good strategies that may work consistently or sustainably.

Any thoughts, ideas, advice is welcomed and appreciate your help in advance 🙏

Andy

Post: Real Estate in Mexico City

Andy C.Posted
  • San Mateo, CA
  • Posts 77
  • Votes 28

Hi BP,

My name is Andy and I'm interested in property in Mexico City / CDMX and was wondering if anyone on the forums have had any experience as an American citizen acquiring property down there, and what that might entail?

I just came back from there and really love the city, culture, people, food. , and now wondering what the process might be for acquiring something there, where it might make the most sense, and if the numbers check out in the short and potentially long term.

I'd love to connect with anyone who can offer any advice or thoughts would really be tremendous. Thanks in advance! 🙏

Andy

Post: Redeploy Funds for 1031 - - What would you do?

Andy C.Posted
  • San Mateo, CA
  • Posts 77
  • Votes 28

Hi BP,

I just sold the property, and have 70k to redeploy currently in a 1031 exchange escrow.

Basically have two weeks to identify another property and wondering what is best available option out there right now, given interest rates and economy, and properties being at all time high valuation.

Currently already have portfolio of property, and can also chip in extra capital/funds to buy something larger.

Has anyone successfully executed a 1031 with limited time frame and or recently given all the constraints going on? Thx in advance for any perspectives you may have.

Andy

Hi All,

Exploring potential multi-family Property Management operators.

Has anyone had any positive experience with anyone they would recommend?

Thanks in advance.

Andy C.

Hi BP Community,

Looking into options for multifamily Lending and seeing what kind of products that are out there.

Trying to avoid the 5 and 7 year ARMs and prefer longer-term products. Also, out of state investor here that currently has property and assets in OH.

Can anyone recommend any lenders that might be a good fit?

Thanks in advance. 🙏

Andy