All Forum Posts by: John Oks

Where are all my boring investors at? Does anyone else prefer good old buy-and-hold long-term rentals?

20-25% down, duplex, break even on cashflow in a promising area. That's what gets me excited. 

I've done major rehabs, owner financing, private money, partners, out-of-state investing, and Airbnb but still prefer the good ole long-term buy and hold. Even though they make less on paper. 

Am I the only one? 

I'm a GC/new home builder in South Central Ky and new to BP.  I have built 90 - 100 new homes.

My main business strategy has been to build 1200 - 2400 sq ft new SFR as specs. (Sq Footage is determined by deed restrictions.) I am sitting on some 1850 sq ft new turnkey houses in BG, Ky. Homes are priced between $340,900 & $347K and located in a new Sub Div.

I need to move one house so I can begin the next project. So, here's my question.

1.  Should I lower the price by $5-6k and sell them the traditional route, or ...

2. Sell the house to investor/investment company looking for a new turnkey SFR?

Note - A few homes in the subdivision are rentals. HOA does not prevent rentals.

I am interested in building a relationship with an investment company or individual investors looking for new construction rentals and thought this house could be a bridge to new relationships.

Thoughts?  Who are the investors looking for new construction?

Whats the catch?

Hello. My name is Penny.  I am new to Realestate Investing.  I have many years of managing rentals. I am learning all I can and I can't wait to start collaborating with all the great people on Bigger Pockets. 

Hey everyone, I am looking for information about Florida market, seeing how the houses are so pricy (Dania beach, Hollywood, Miami area)

what would be the best strategy to start a STR with out having to fork out all my savings in one property. I been making calls to houses thats been on the market for 60days or more but nothing is working. is there anyone that is currently doing STR in the FL market that can give some tip where would be a good place to start and what I should expect.

Thank you in advance. 

Cheers! 

I am real estate investor and agent serving DFW area. Would love to learn from you all experts here and contribute in the discussion as well. Thank you

Rajesh Raina

Hello, 

Question for those with experience investing in these areas. Which area is better for LTR SFH, Cape Coral vs Port Charlotte vs North Port, or Punta Gorda? Which is more rent reliable, best growing, both for cash flow and long term appreciation? And lowest flood/weather risks, insurance, etc?

Hello!  I'm still quite new to the group. I'm looking into investing in areas that would provide positive cash flow and/or appreciation.  I'm also a real estate agent here in Los Angeles area.  My only regret is not finding this group earlier in my real estate investing journey.  I'm glad to be here now and looking forward to learning from everyone!