All Forum Posts by: Jeremy Absher

I have $250k cash and I’m wanting to leverage that to invest in 3-4 properties in the central Florida area. 

As far as I know I can get one property with 20% down and conventional financing. 

After that I believe I'll be at my debt to income max. What are some of the best alternative loans for the remaining properties? DSCR? Any others?

I'm in search of a wholesaler in the Albany, GA market, thanks!

@Jon Crosby I'm interested in learning how to pull the cleaning fees out of the numbers.

https://www.mashvisor.com/ is another STR analyzer

@Chase Davidson airdna.co sign up for a free account go under investment tab and click on rentalizer and enter in ur address.

I'm a new investor looking to invest in the Fayetteville, NC area. I'm interesting in the BRRRR method in the short term market (Airbnb/VRBO) instead of LTR.

I would like to connect with other investors, realtors, wholesalers and contractors. If you have any good contacts in these areas, please let me know!

Also, does anyone have good intel on the short term rental regulations/laws in the area?

Thanks!

I'm fairly new to real estate investing. I've been renting out my primary home for 3 years via Airbnb/VRBO and this past September decided to rent across the street and rent my primary home out full time via Airbnb/VRBO (it has been going great!).

I've been saving the money and I'm looking to invest this summer in the Columbus, GA market. From my research it looks like a very good market for STR demand, cash on cash returns, and STR regulation. I also like that it is a good entry point for a teacher like myself who is just starting out and doesn't have a ton of capital to invest.

My plan is to either buy/renovate with cash (either private or hard money), furnish it and rent it out via Airbnb/VRBO and fall back to LTR if the STR market doesn't pan out.

Does anyone have experience in the Columbus, GA market? Is there any advice in regards to my plan or things to look out for in Columbus?

Thanks in advance for your help!

It sounds like Valdosta is the best option then....thanks for your help! @kwadwo Banahene - thank you for your offer! I've sent you a connection request. Looking forward to connecting.

As a new investor (I'm a high school teacher with two boys) I'm looking for advice/help on investing out of state on my first BRRRR; however, as the title suggests instead of a traditional long term rental I'm wanting to utilize it as a short term rental on platforms like Airbnb and VRBO. I have 4+ years renting out my primary home as a STR so I know the ins and out of the STR business.

I'm looking to purchase a property under $50k with cash, renovate it, furnish it and list it on Airbnb/VRBO and then refinance to get my initial investment out and pay back whoever I borrow the initial money from (I'll probably be putting in around $10-$20k myself).

So far the two markets that interest me the most are the Valdosta, GA market (closer to home ~3.5 hours away) and the Chicago market. They both have inventory of homes below $50k, have a good market for STR as well as a good rent to value ratio for LTR as a fall back plan if something doesn't work out for the STR market.

I'm looking for a good realtor in the Valdosta and Chicago market and/or someone who has knowledge of either of those markets who can steer me away from the war zones and to the areas I should be looking. 

I'm also looking for advice on the best place to look for $40-$50k that is not a traditional bank loan since I'm only wanting to close once after the renovation when I refinance with the bank and do a cash out refinance.

Thanks in advance for any help!