All Forum Posts by: Karen Faulkner

Thank you so much! We are still working through an attorney to get the property out of probate but hoping to start working on researching what to do with it in February as we hope to have all the paperwork in our name. We need to decide if it’s worth buying his uncle out and not sure what to offer.

Wondering what you would recommend as a better investment than STR or is STR still a viable investment? I am in North Georgia and looking for my next investment property and I see how challenging it is to make the numbers work. One big challenge is coming up with the down payment in the first place and waiting for the revenue to ramp up after also investing in great design and marketing. I have been taking a course in it through build short term rental wealth /Bill Faeth and have heard some great success stories and would love to be one of them. But I also feel like I need to be more cautious than 2021 when I bought my first STR property. would love to connect with some of you and hear more detail about what you are doing these days in real estate. Thanks so much!

Any advice on what to do with a large plot of land in Winchendon, MA?  I know nothing about raw land and its potential. My husband is inheriting this and will co-own 50/50 with his uncle so I would love to hear advice since I don’t even know exactly what to ask, who I need on my team, how much we are looking at to spend initially even assessing/appraising it, and what the potential is for it.  Anyone have experience in this area or connections? Thx!