All Forum Posts by: Jerrod Rosen

Hello Thea!

Welcome to BiggerPockets! You have hit the JACKPOT of resources for real estate investors. You can literally find answers to all of your questions within the confines of this site. What’s the best way to get started using BiggerPockets?

1.Subscribe to the BiggerPockets Money and Rookie Podcasts

2.Attend the FREE WEBINARS

3.Attend a Meetup in Your Area / virtual meet ups

4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy

5.Peruse the forums! Ask questions! Answer Questions! If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!

Good luck,

Hi Allison! 

Welcome to BiggerPockets! You have hit the JACKPOT of resources for real estate investors. You can literally find answers to all of your questions within the confines of this site. What’s the best way to get started using BiggerPockets?

1.Subscribe to the BiggerPockets Money and Rookie Podcasts

2.Attend the FREE WEBINARS

3.Attend a Meetup in Your Area / virtual meet ups

4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy

5.Peruse the forums! Ask questions! Answer Questions! If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!

Good luck,

Welcome to BiggerPockets! You have hit the JACKPOT of resources for real estate investors. You can literally find answers to all of your questions within the confines of this site. What’s the best way to get started using BiggerPockets?

1.Subscribe to the BiggerPockets Money and Rookie Podcasts

2.Attend the FREE WEBINARS

3.Attend a Meetup in Your Area / virtual meet ups

4.Purchase the Beginner Books: How to Invest in Real Estate, Set for Life, The House Hacking Strategy

5.Peruse the forums! Ask questions! Answer Questions! If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!

Good luck,

Welcome to BiggerPockets! You have hit the JACKPOT of resources for real estate investors. You can literally find answers to all of your questions within the confines of this site. If you have any specific questions please feel free to message me would love to connect! 

Welcome to BiggerPockets Jeremy! You have hit the JACKPOT of resources for real estate investors. You can literally find answers to all of your questions within the confines of this site.

If you have any questions or just want to connect please feel free to reach out. 

Good luck to you!
Jerrod 

Investment Info:

Single-family residence buy & hold investment in Phoenix.

Purchase price: $585,000
Cash invested: $73,000

Our first Airbnb Property, bought for $585,000 and has not appreciated much since we bought it. Furnished for around $15,000 and pulls in an average of $1,000 profit a month with super high earnings coming in February-April.

What made you interested in investing in this type of deal?

Was like most people who get into STR deals, wanted higher return. Have a hospitality background after starting and owning my own restaurant and this combines my desire for real estate wealth with my background. Added perk of having somewhere I can visit with a pool!

How did you find this deal and how did you negotiate it?

Broke down numerous deals in the area on market and this one fit the best for what we were trying to do.

How did you finance this deal?

10% down vacation home loan

How did you add value to the deal?

Furnished and Managed

What was the outcome?

Very positive, makes about $1000/month. Did close to $9k in March.

Lessons learned? Challenges?

Pool maintenance is very difficult!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, George Mevawala was great in the Phoenix area.

Welcome to BP and thank you for your service! 

Hi Julien! Welcome to BP, would love to help answer any BRRRR questions you have.

Welcome Weston! We love our investor friendly broker Anna at Brighton Bank. If you want contact info feel free to reach out! 

Welcome to BiggerPockets Steve! Good luck with the Good Life, sounds like you guys are doing great things. I hope to build our property management up to that level someday.