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All Forum Posts by: Austin Drew

Austin Drew has started 16 posts and replied 141 times.

Post: Investing in Florida: Hollywood Fort Lauderdale Area

Austin DrewPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 155
  • Votes 57

Hi @Frank Mancuso price point might be a little challenging in the south FL market. You might consider heading north into Martin County.

Post: Syndicating Short term rentals

Austin DrewPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 155
  • Votes 57

@Chris Levarek Thanks that's insightful, I have not considered turning a portion of an apartment into a STR. I'm assuming these numbers would increase the CAP rate when going to sell from the higher cash flow of the STRs?

Post: Syndicating Short term rentals

Austin DrewPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 155
  • Votes 57

@Abraham Klein How have you decided to structure the deal to return your investors capital?

Post: Syndicating Short term rentals

Austin DrewPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 155
  • Votes 57

The main focus I'm working on achieving is continuing to grow my portfolio and finding other ways to continue to buy properties without my own cash. 

I believe the syndication process could potentially work with commercial properties and turning a 5-20 unit into a mini hotel by repositioning and increasing revenue?

Do you have any thoughts? @Chris Levarek @Gerald Pitts @Luke Carl

Post: Anyone investing in Naples?

Austin DrewPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 155
  • Votes 57

That's great, you'll have to let me know the next you're in town. Would be great to grab coffee @Lien Vuong

Post: Syndicating Short term rentals

Austin DrewPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 155
  • Votes 57

Has anyone syndicated a Short term rental? What obstacles did you face? How did you structure the deal and return capital back to investors?

Post: Where to invest 100k?

Austin DrewPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 155
  • Votes 57

@AJ Anderson I invest in the WPB area, where area of WPB are you looking for properties in?

Post: Conex Box (shipping container) as Short term rental.

Austin DrewPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 155
  • Votes 57

And how much are you seeing the containers range from in price ? Are you able to finance any of the deal? @Heidi Kenefick

Post: Conex Box (shipping container) as Short term rental.

Austin DrewPosted
  • Rental Property Investor
  • West Palm Beach, FL
  • Posts 155
  • Votes 57