All Forum Posts by: Eden Mendel

Hey Jeff! Glad to hear there’s another techie in this forum as well.

I’m looking to learn about house hacking, the key components to market properties (for rentals) and how to properly manage multi families.

my overall goal is to achieve a 5k cash flow within the next 4 years. 
What about yours?

Thank you for the kind words, I’m very interested in chatting, will send you a message privately with my email. 
Looking forward to our future conversation! 

Hey everyone! 
I’m fairly new to real estate (thus no real experience or knowledge, except for the bigger podcast ebook) but I have good knowledge of technology! 
I’ve been working in tech (IT, Support, Software Development and Automation). 

I’ve seen people look for mentors and I thought of a new approach; you share you real estate knowledge and I’d share my tech knowledge.

Real estate is not particularly a techy field but in many aspects, software is part of our day to day, which can either enable us to operate more efficiently or slow us down and *annoy* us.

So here’s my proposal - think of me as the family member who knows computers and can help you figure out how to troubleshoot your tech problems (or help with automation/other projects you might be thinking about) and exchange your time and knowledge you’ve acquired from real estate so far. 

As said in the title, I’m taking this as sort of an experiment (rather than asking for a mentor or a sit down to chat without offering anything in exchange). 

Sorry for the long post! Looking forward to hearing some thoughts and feedback, and perhaps helping some folks with their tech issues and even automate some boring but necessary stuff.

Thanks for reading this far ;)

Hey! first of all, very through and detailed post. I generally find it very hard to translate the potential of blockchains (specifically Eth) and I think you’ve done a great job without being technical.

As a newbie of both Real Estate and block chain development I defiantly agree with the potential. However, like you’ve mentioned; the legal hurdles seem like a steep hill and will require many regulations change (which I do believe will happen with mass adoption from banks/larger institutions). 

Happy to chat about the topic further!

Hey! 
I’m a bit confused by your question.

Seems like you’re looking for a dashboard software (Tableau -ish) that will gather data and show you specific insight for numerous properties or multiple different investors.

My question would be here - where is the data currently present? Any platform would require to import the data (manually or potentially automatically) and further maintaining.

 I’m a software engineer and always open for challenges, would be happy to further discuss!

I’m a bit confused,

Does a 2Bed/1Bath averages 300$ a night during the hot season? 
900$ would be a monthly renter? 

Thanks in advance  

 Thanks for your thoughts and through reply!

I'm indeed a newbie when it come to STR and my analysis of this type of properties is simply plugging number using common sense and whatever available data I can find on the web.

Other than personal experience, is there any other way you’d recommend learning about that market?

Hey Kyle,

Thanks for the feedback/thoughts!

It is located on the smaller lakes attached to the larger one.

I can certainly agree that the summer season seems reasonably easy to rent out.

It is within 45 minute to loon and 55 minutes to the smaller mountains in the region - would you qualify that as near by?  

Thanks for your comment, I’d have to agree (with the current understanding I have). About 6-7 months are slow.

We had some thoughts about getting “creative” and offering weekend retreats for couples where we lower the price and perhaps add some additional “perks” (Wine and ingredients  for dinner, something like that) 

perhaps an Hot Tub during the winter could make it more desirable?

From looking at the generic website that come up when you look up “AirBnB” statistics it seems that the hot season is 4.5 months out of the summer.
It certainly does not compare to the southern states equivalent imo.

it does have the potential (like some of the other comments) to have a winter potential but according to the (generic) websites mentioned above the average income for a 2BED/1BATH is ~300$ for the month :(