All Forum Posts by: David Gaudet

I plan on attending.

In June 2022, my wife and I are planning a trip to Colorado and Montana.  We are interested in purchasing land in Montana.  Ultimately, we want to build a home on this land.  We are starting at square one.  We don't have a location, know how much land we want, or anything that would probably be helpful to share.  I would love to connect with someone in the Montana area.  The person would need to be willing to put up with a thousand questions from my wife and I.

Thanks in advance!

Thank you!

I own two short term rental properties out of state that do very well. I am interested in adding something a little closer to Raleigh (where I live) and have it be a long term rental. Chatham Park is very intriguing to me. I was not sure if anyone had any information about Chatham Park. Also, I was hoping to get thoughts around new construction in terms of long term rentals.

I own two short term rental properties out of state that do very well.  I am interested in adding something a little closer to Raleigh (where I live) and have it be a long term rental.  Chatham Park is very intriguing to me.  I was not sure if anyone had any information about Chatham Park.  Also, I was hoping to get thoughts around new construction in terms of long term rentals.

Thanks so much for the help!

Thanks @Ryan Blake.  Do they usually give points and set term lengths?

Experiencing quick success from my first STR property has me itching to do it again. We used a HELOC for the down payment and start-up costs. My wife and I have steady W2 income and hope to have the HELOC paid back in a few months. However, we would like to dive back in as soon as possible.

We both have multiple siblings who are intrigued by our venture into real estate investing.  They are still too conservative to partner on a property or make a purchase themselves.  But, I believe they would be willing to serve as the financial backing for our next property.  I think this would be a great toe in the water, and could potentially lead to them becoming real estate investors.  

My question is what types of loan terms have people setup with family members?  I don't want to insult them, but I also don't want to overpay.  My wife and I have great relationships with the siblings of interest, so trust is not an issue from either end.

I was trying to avoid flood insurance and other coastal related hazards.  But, I am always willing to learn and be educated on possibilities.  

Thank you @Luke Carl!  I'd love to touch base on the phone.  I will send you a message.  Looking to learn and grow as much as possible.