All Forum Posts by: Jeremy Jareckyj

Hey everyone,
I’m starting a full-time job in NYC soon with an all-in comp of $96K (base + bonus). I’ve always been interested in building a small personal real estate portfolio and have been thinking about purchasing a condo as my first step.

The idea would be to live in it for at least a year, then eventually rent it out. I'm just not sure how realistic that is with my income and whether it's the smartest move right now considering HOA fees, interest rates, and NYC prices.

If you were in my position—early in your career but eager to get started—how would you approach this? Would you buy now, wait, or look outside the city for a better first investment?

Open to any and all thoughts—really appreciate the insight.

When you are looking at condos.. make sure to ask for balance sheets, meeting minutes, budget, assessments. I have seen people not due proper research and get slammed with a huge assessment early on in ownership because they didn't do their due diligence.

a good agent representing you should be able to get you this info from the selling agent or PM.

1 Vote

New York City, New York

Quote from @Anne-Marie Singer:

Newbie here. First STR property about to go live; just finished renovation. I am ready to list the property and have interviewed a couple of vacation home property managers who are pursuing the listing. They both charge 22%, which is typical in our market for high-end beach vacation rentals. I would love to hear any tips, insights, etc, from those who have worked with property managers. For example, I want to ensure that the listings on VRBO, Airbnb, and other platforms belong to us and not them, so that if/when we terminate the contract, we retain the history, reviews on our property. I don't know what I don't know, so I appreciate all of your feedback. Thank you-

Sounds like you might be interested in Co hosting rather than true PM. COhosting is where owners have the listings under their end and a cohost can be added who essentially does a lot of the work similar to a PM . all the work in regards to billing restocking etc can all be negotiable

1 Vote

Santa Barbara, California

Quote from @Trent Reeve:

my problem will be the mandatory fee that our complex charges, separately from us, for car registration and for pets. I dont know how that will work with the resolution center

Agreed. I do a lot of pet fees through the resolution center...

Ultimately I feel airbnb is also doign this so they can ensure they collect all the taxes and their fees on literally every payment. as every host knows.. the resolution charges didn't have the airbnb fees

1 Vote

where are your current land deals in utah?

0 Votes

Salt Lake City, Utah

I believe proper was good years ago when they were ahead of the game with STR insurance but now major insurance companies have caught up (state farm, travelers, etc) and can out price proper from what I have seen most of the time

0 Votes

Reno, Nevada

I use IGMS. the support staff has been great and it is quite affordable.

1 Vote

Myrtle Beach, South Carolina

Quote from @Alex Silang:

I was just checking out a great vacay spot I like (Cape Cod) and its a milli for a house. Wow. A 2BR Condo is available for less than $350k though. Would that be good for a STR?

Any places in the US that are good for STR but have a lower price point entry? Thanks

I work as an agent and property manager in the northern utah area. Happy to chat with you about STRs here. Landlord friendly state, lots of growth, can still succeed in the STR market with a purchase price of 400-500K.

0 Votes

Quote from @Bryant Xavier:

**Has Anyone Had Success Using a VA for Their STR Business?**

Hey everyone,

I'm looking for insight from other STR owners/operators who have used a virtual assistant to help run their business. My biggest challenge with VAs has been their lack of understanding of my local market, which makes it tough for them to handle certain tasks effectively.

That said, I know there are experienced VAs out there who specialize in short-term rentals. Has anyone here had success using a VA for recurring tasks like guest messaging, pricing adjustments, listing management, or coordinating with cleaners/vendors?

I'd love to hear any firsthand experiences or recommendations on how to find and train a VA that actually adds value without constant oversight. Thanks in advance!

I have used the same VAs for almost 4 years now. I taught a lot of them 4 years ago because they were young, hungry and wanting to learn. It has paid off very well as they now have the ability to train new VAs we bring on to support growth. Happy to chat with you about my VA experience. The right VA will pay for themselves time and time again.

0 Votes

Quote from @Collin Hays:

There isn’t enough margin in Property Management for a “national” PM to be successful. They are just an extra middleman.

Find someone local that knows your market and gives a hoot about your investment.

AMEN. local hosting/property management is where it is at. Much more knowledgable of your local market as well.

0 Votes

Atlanta, Georgia

I would post on turbotenant !! It is free to use and has been fantastic for me in finding new tenant, even for furnished rentals

0 Votes

All Forum Posts by: Jeremy Jareckyj

Jeremy Jareckyj has started 5 posts and replied 333 times.

Post: Buying My First Condo in NYC on a $96K Salary – Advice Needed

Post: Negotiating w/a Property Manager

Post: Airbnb's Fee Policy Change (5/10/2025)

Post: New Land Wholesaler in UT, AZ, and FL

Post: Proper insurance opinion

Post: What Hosting software do you use

Post: Condo for STR? Places with lower price points?

Post: Success with VA's for STR business?

Post: Awing property management

Post: MTR Advice to Increase Activity