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All Forum Posts by: David New

David New has started 19 posts and replied 73 times.

Post: Beachfront Condo vs Beach house a block away

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

How would a beachfront condo compare to a beach house that was a block or two away from the beach do in terms of rental revenue? This would be assuming similar specs (3b/3b) and purchase price.

Would appreciation be pretty close as well?

Post: Airbnb / Short-term financing

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

@Elise Marquette who is doing 15% down investment loans? My wife and I are looking at some properties in Destin and I just assumed I would have to put 20% down for investment properties. We have already used a 10% down vacation loan.

Post: Destin vs Gulf Shores STR rates

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

Thanks a lot for all of the replies. This has been very helpful.

Post: Destin vs Gulf Shores STR rates

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

@Luke Carl Thanks Luke. We’re working with Avery. Team has been great.

Post: House-hacking with a bitcoin farm

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

@Ross Bowman people like @Don Konipol are just upset they can’t figure how to buy btc, much less mine!

I think this is an amazing idea and very innovative.

Post: Destin vs Gulf Shores STR rates

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

Can anyone who is familiar with these locations provide some insight on these two markets and why you may prefer one over another?

I’m also very interested in the rental rates. Online I have seen some sites claim that Gulf Shores brings in significantly more in rental revenue than Destin. That seems hard to believe but I have no other data to go off of. I would very much appreciate anyone’s feedback regarding the rates and information about the areas that you find appealing.

Post: Getting Loan Using Life Insurance Cash Value as Collateral??

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

@Isaac Lewis I’d recommend getting a cash value line of credit through a bank and using your cash value as collateral. Cheaper debt cost and you have checkbook control for quick access.

Post: Recommendation for Vacation Rental Agent - Pensacola FL

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

@Michael Hamby thank you!

Post: Where to hold Cash Reserves

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

@John Osborne high cash value life insurance and stablecoins.

Post: Handman in Gatlinburg TN

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 77
  • Votes 33

@Joshua Larson i’m looking for one as well. Will report back if I find someone.