All Forum Posts by: JOHN DALEY

Jody Schnurrenberger I haven’t heard of that website yet. I will have to check it out tonight! Thank you!

Michael Tierney Jonathan Hulen I didn’t tag ya’ll like I thought I did.

@Michael Tierney What trends do you look at and at what point do you pull the trigger? Is it after one or two years of positive growth? Longer than that. I am looking to invest about an hour to two hours outside of Asheville (Marion, Spruce Pines, Forest City, Cullowhee, Brevard, Landrum SC, Newport TN specifically). @Jonathan Hulen I am assuming this isn’t the first time this has happened. Does the economy slow that way when the units deploy or is this a unique situation? Anyone else having experience investing around military bases. There are a lot that are in small towns and I would be interested to see if this situation is unique or not.

@Shiloh Lundahl for the small towns with colleges, do you focus on buying property for student housing or do you still look to rent out to non-students?

What do you look for in a small town a couple of hours away from a metropolitan area and are trying to buy and hold? Is there a certain unemployment rate you look for? Specific industries? A certain percentage of population growth? Something else?

@Chris Cuddy whenever you get here, let me know! We can get coffee or something. I am looking in about a two hour radius of Asheville. Cheaper stuff seems to be about an hour away.

It sounds like you are doing a great job at Airbnb. Why leave it? I am not an expert by any means, but why move on from something you are successful at. Perhaps continue expanding Airbnb and look at doing other types of real estate after you have built up a solid Airbnb plan. I could be wrong, but just my two cents.

There is a podcast called Mobile Home Park Investing by Kevin Bupp. Great resource to answer any questions you have about mobile homes.

I am a newer investor to and am here in Asheville. Asheville is pretty expensive. I have a rental in Alabama and when I moved to Asheville, I thought I could just continue here, but the market is pretty expensive. I have been trying to come up with a different approach because I don’t think my original plan to get into multi family housing is going to work right away (need to get a lot more capitol first). I have been looking at cheaper options like mobile homes or perhaps finding a house up near the university and do some sort of student housing thing. I am still feeling out my options around here.

That was a typo. I did mean Western NC.