All Forum Posts by: Dustin Sanders

Hey Austin, I’m located here in Pensacola as well & I follow Coach Chad’s Small but Mighty investor as well! 

I sent you a DM, and I’d be happy to hear to hear more about what you’re looking for with purchasing a duplex.

@Sejin Kim I would check out Perdido Key, FL. I own a short term rental property there & it has been the best performing property I've owned so far. 

It's a very affordable Florida beach market relative to the rest of the state of Florida & it is home of the US Navy's Blue Angels over at NAS Pensacola.

I'm happy to discuss this further with you if you're interested in seeing my AirBnB for context & if you would like to connect to hear more about what you've researched so far.
 

Sounds great, I just replied to your DM so looking forward to chatting soon!

@Devin Peterson @Nick Conley @Nicholas Covington thank y’all for sharing your comments & helping me understand this!

🚨🚨Hey everyone! I’m a realtor & an investor here in Pensacola, FL (FL Panhandle/Gulf Coast). I’m helping a client find & purchase a home who is hoping to do seller financing due to their credit score.

As another option, are there any non-QM loans for primary residences?? I’ve never used one personally though if this is a possibility, I’d love to connect & chat about their options!

Hey Randall, congrats & welcome to the Pensacola market!

I would check with BNB Vacation Rentals LLC. Caleb Drake is on my real estate team he is the co-owner of BNB Vacation Homes LLC here in Pensacola and manages over 20 properties now for STR homeowners. His number is 812-243-2419

Hopefully this helps!

Hey @Steven P Daugherty, if you’re still interested in chatting then I highly recommend either near Perdido or Navy Point. I have an AirBnB over in Perdido near NAS/Big Lagoon/Perdido Key Beach and it’s been my best performing property for the past 4 years. A ton of new construction in the area & they just built a brand new elementary school in the area called Pleasant Grove Elementary.

Would love to connect with you to discuss it further!

Looking forward to it!

Hey @Amy Walsh! I’m located over in Pensacola, FL though I would recommend an agent named Jordan Jager with REMAX in Spanish Fort, AL who sells a lot of properties in the Gulf Shores/Orange Beach area.

If you’re interested in the Florida Panhandle instead, I’d be happy to help!

@Jonah Slove congrats on you & your fiancé! Y’all have a great problem on your hands that most people dream of.

I subscribe to the “small but mighty” idea by Coach Carson. I’d prefer owning outright a handful of properties that can cashflow $1500-$2000/month (which is even lower than your $2,500/month).

It’s whatever you & your fiancé think is best though if I were in your position, I’d be just fine with selling & buying 3 properties around $250,000 purchase price ($750,000 total) with a few hundred thousand left over. Then rent each of them out for $2,000/month to tenants (minus property management fees) which would give you roughly an extra $70,000/year. 

That’s my opinion, and it’s why my fiancé & I plan on selling 2 of our own properties and just paying off a couple of the others. We’ll be do short term rentals on the fully paid off properties so the cashflow will be higher than $2000/month. That might be another option for you & your fiancé to think about!

best of luck!!