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All Forum Posts by: Joshua Messinger

Joshua Messinger has started 10 posts and replied 435 times.

Post: Short Term Rental #2 in South Bend IN

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Congratulations on all of the success so far! 

If I can ever help with anything feel free to let me know. 

Best, 

Josh Messinger

Post: Advice/Deal Analysis - Should We or Should We Not Buy

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Hey @Scott Munn!

When there are usually more than 5+ issues with a deal I will turn away from it, unless the value-add potential is clear. 

Feel free to reach out if you ever need anything. 

Best, 

Josh Messinger

Post: STR Marketing Strategies

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Hey @Dylan Brown

Airbnb and VRBO should do you well enough to sustain good performance. If you are looking to increase your direct bookings, I would seek to make a branded guest-facing website or a social media hosting page that displays your properties and builds rapport with consumers. 

I hope you found this info useful! If I can help out in any other way don't hesitate to reach out! 


Best,

Josh Messinger

Post: Would love your advice on my new Blue Ridge STR

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Great job on this one Jack! Keep up the hard work! 

Post: Creating business email, phone #, and website

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Hey @Ryan Leake

I would offer you to use google voice for your customized phone #. It's cheap ($6), easy, and gets the job done for you. 

For your website, I would look more towards a web host like Shopify which is an open-source platform. Not only does Shopify have a great user interface, but they also have a great back-end for trying to collect data on your consumers/clients. Shopify is also only $30/mo, which allows you to get started with low overhead. One last thing - Shopify allows you to create business emails for your website which will automatically redirect any emails sent to them to your primary email. 

I hope this helps, and if I can help in any other way feel free to reach out!

Best,

Josh 

Post: First Time Investor looking for advice

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Hey, once again @Helen Lin

Since I am an agent I wouldn't need to go through anyone else when buying a property. You could easily find an agent from a simple post on the BP forums asking who's an agent in the area! Gotta love BP!

Best of wishes, 

Josh Messinger

Post: Which Loans are the Most Common

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Hey @Chris Harpe

That's great to know, I haven't heard of draw schedules yet actually. Are you going to commonly see draw schedules during the rehab process? As you had mentioned paying contractors is vital I'm assuming this is a time frame where they must get paid within. 

Thanks so much for this info anyways though Chris! I really appreciate it. 

Post: Which Loans are the Most Common

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Hey @Andrew Postell! That makes perfect sense, and actually didn't know you would just skip out on those parts! I'd love to learn more about what you've done in the past if you don't mind sharing. PMing you now! 

Post: First Time Investor looking for advice

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Hey @Helen Lin

I use the website AIRDNA currently to see an area's occupation rates and the average revenue that they generate. I will also search to see if an area is experiencing a large amount of economic growth, whether the job growth rate is increasing, there is commercial expansion, or big companies are moving in. You should also check to see if there are attractions/monuments that would pull people towards the area. 

That's a good start looking towards student housing! Especially in areas where there are larger schools there are students always looking for housing. As of right now, I'm actually trying to find a student tenant for a rental near Temple College, in Philadelphia. 

Feel free to reach out! I'd love to connect more, and help with anything you need! 

Best of wishes,

Josh

Post: Which Loans are the Most Common

Joshua MessingerPosted
  • Property Manager
  • Poconos, PA
  • Posts 443
  • Votes 264

Hey @Mike Eichler! Let's dive into looking at the most common loans that people use while doing deals. I really feel it would be beneficial for us both to nail all of these down and gain some more experience in this area. 

Thanks for the response back!!