All Forum Posts by: Christopher Viola

Investment Info:

Condo buy & hold investment.

Purchase price: $148,000
Cash invested: $18,000
Sale price: $289,000

Rental Condo

What made you interested in investing in this type of deal?

Market was low at the time.

How did you find this deal and how did you negotiate it?

Persistence

How did you finance this deal?

10% down 30 year mortgage.

How did you add value to the deal?

N/A

What was the outcome?

N/A

Lessons learned? Challenges?

N/A

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

N/A

Hi all, newbie on the website with experience in multiple STR's in Florida. I am bullish on Anchorage and am looking to start off small by purchasing a 2-3 br condo either in the downtown area of UMED. I have a few quick questions and was looking for some referrals. All help is appreciated.

1) Do some condos have restrictions in hosting STR's? If so is this more the norm or the exception?

2) Which area is best for maximum rental income? Downtown or UMED?  

For recommendations:

1) Real Estate agent who is skilled in STR.

2) Trusted handman, task person.

3) Trusted cleaning person.

Thank you and best of luck in your investing.

Chris Viola