All Forum Posts by: Jared Hockensmith

@Troy Scottaline

Congrats on the new addition to the family and for making the plunge into real estate!

If you want to jump start your portfolio, consider using your capital to purchase a couple of short term rentals to start off with. You will most likely generate both a higher ROI and higher cash flow. I would recommend reading Avery Carl's new book on short term rentals, it's great so far! And of course, check out all the forums on short term rentals, tons and tons of great info there.

@Ryan Van Duyne I am no expert by any means, but I do know one of your most important expenses will be your cleaners, so that needs to be factored in. Hopefully some more experienced STR investors will chime in on what the cleaning costs usually may amount to.

@Luke Rorech yes I can service those areas as well. I will not service anywhere in Pinellas , though.

Hello local Tampa investors! If you are looking for a local handyman to tackle one of your investment properties, whether it be a flip or a rental, punch out items or rehab, I would love to connect and see if I may be of service. No, I am not a contractor. I am a one-man operation as of now, but looking to develop a long-term relationship where both parties can benefit. Specifically, I want to be your reliable go-to handyman whom you know and can trust that does good, quality work. Feel free to check out my website listed below and message and/or call me from there. Looking forward to hearing from you!

Thanks,

Jared, Owner, Hock the Handyman; handymanbrandonfl.com

@John Gunderson Thanks John!

@Dillon Cook Yes that’s exactly what I was thinking. And if I have to exit with a flip, that’s okay with me as well. Yeah, I actually got my wife to get onboard with the duplex house-hack. So if I’m not able to brrrr anything for whatever reason, that’s how we plan to start.

@Alex Bekeza Thanks! I will have to look into that further.

@Michael Glist thanks! Will keep all of that in mind when talking to any lenders.

@Brian Hoffman yes we are strongly considering that option now. We are currently in a lease, but afterwards would look into purchasing a duplex to house-hack. Still would love to see if I can brrrr a SFH in the meantime.

@Dillon Cook thanks for the advice! My wife and I are currently saving up for a down payment on a personal residence, but I was thinking if there was a way I could get my first investment property, using OPM, while we save up and finish school. That’s why I’m open to working with a partner to just loan the money for a down payment plus some other costs associated with hard money loan. But you are right, I plan to start calling and meeting with some local loan officers soon to get more info.