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All Forum Posts by: Jenelle H.

Jenelle H. has started 10 posts and replied 67 times.

Post: New member from Santa Rosa, CA

Jenelle H.Posted
  • TX
  • Posts 70
  • Votes 38

Hello and welcome @Justin Hayman !  It's good to see more people from the area on BP.  Let's get together and network and good luck with your investing!

Originally posted by @Kristy F.:

Hello, I'm considering purchasing an empty lot in Coffey Park neighborhood of Santa Rosa that burned down in the Tubbs Fire. I have a contractor willing to do it for a low price since he is building three other houses in the same area.

My concern is, after I build this house in a year, will it be able to sell for a good price? The entire neighborhood burned down. Will buyers want to buy this house in a neighborhood of wasteland assuming not everyone will be rebuilding? 

Also, if many people are rebuilding now, they will likely finish around the same time as me. Will there be a flood of new houses on the Santa Rosa market early next year that drives down the price? It seems like a good opportunity but I'm a bit nervous because my profit margin may be slim. 

Hi  Kristy.  I have wondered the same exact things.  

Would love to hear @Brian Burke thoughts on this.

Following this thread. I am very curious about how your cash out refi goes, as that’s the thing that makes me nervous about purchasing in the Detroit area. Please do update on how that goes. 

Very cool.  Thank you so much for the info, guys!!

Maybe you guys can give me advice on how to talk to other Airbnb hosts?  Every time I've tried to message someone on the site with a question, the system wants me to put in dates like I want to book a room.

Hello all.  I am asking this question for my sister as both her and I are totally unfamiliar with short-term rentals.  She owns a fourplex in Los Angeles which are fully rented out to long-term tenants (1850/mth each unit).  One of her units is about to become vacant and she is thinking of moving into the unit herself for at least part of the year.  She lives out of the area and wants to do this so she can spend more time with her newborn grandson who lives in L.A.  The problem is that she lives off of the rent she collects from these units and will be hurting without that 1850/mth.  I suggested to her that she look into using the unit as an Airbnb rental.  It's a 2 bedroom/1 bath renovated unit located about 15 mins from LAX.  I would say it's a B- neighborhood.   Do you think this is something she could do for say 6 months of the year and how much do you think she could make?  She owns the place free and clear.

Post: OFF MARKET 9 DUPLEXES INDIANAPOLIS 18.1% CAP RATE

Jenelle H.Posted
  • TX
  • Posts 70
  • Votes 38

Hi.  Please email me all the info.

[email protected]

Post: Long Term Tenant Rental For Sale In Cleveland Suburb

Jenelle H.Posted
  • TX
  • Posts 70
  • Votes 38

Interested, please email me

[email protected]

@James Wise  Thanks that was very helpful.

Seriously, how do you do this?

#Goals

Post: How much deposit returned?

Jenelle H.Posted
  • TX
  • Posts 70
  • Votes 38

@Joe Splitrock  Thank you.  Good stuff.  So instead of avoiding the PM, I will work with him. 

(oh and by the way, this a very large PM company and the owners of the property are even larger and out of the area)