All Forum Posts by: Keegan Uderitz

Hello all, we have recently been looking at the Whitefish MT market, it seems to be a great STR market. We have an opportunity to move to Whitefish and put 10% down, live there for a year and then turn into a STR. What is a safe way to understand the STR income potential? How much typically goes to Airbnb or any other site you might have it listed on? Looking for some advice on STR, its a newer strategy for me that I am hoping to learn more about. I want to make sure I am not chasing the shiny object because I really want to live in Montana.

Hello BP. I am currently looking a deal where the owner has 6 different properties he wants to sell, essentially his whole portfolio. I want to propose him to seller finance me 2 of them. The pros would be obviously less capital gains which might help when he sells the rest of the properties, a steady income for his retirement. What else can I use to sell him on doing seller finance. I am working through a broker as well, trying to get him on board is big too. Would the broker still get paid his commission? I want to offer 10% down on two properties (2-4plex). What would you think is a fair interest rate? How do you work out what the payment will be? If anyone has questions for me or questions I should ask please fire them away. I am hoping to get an offer to them in the next 10 days.

#firsttimers

Thank you all for the reply, great intel. 

Hello everyone!

Has anyone had experience buying an investment property with a family member in an llc? Do conventional home loans allow you do buy with an llc? What are the benefits to buying in an LLC?

My situation is that I am buying 50/50 a 4 plex with my sister and her husband, should we use an LLC? Help.

#firsttimers

I would love to take a look at them. We are looking for something with a max purchase price of $400k. Thank you. 

How did you find your current properties? Have you had them for a while? Do you live in Alb? In your experience, what areas would you suggest that we look in for potential investment properties? 

CDA sounds like a great market too. In regards to your properties in Indy, our goal would be to replace our income and cash flow properties. We like the stability of the indy market. What type of properties did you buy there? SFR? MF? I see tons of Duplex available. Do you manage the properties yourself or do you have a team in place for Indy?

Do all hospitals have traveling nurses?

Hello!

We are so excited having just refinanced and we are able to pull out to hard earned equity money, $42k! What markets are people looking in for cash flow deals? I live in Washington State, North of Seattle, and prices around here are crazy. We had been researching Indianapolis but more recently started looking at Albuquerque - we also have family down there who wants to invest 50/50 with us so we can get into a 4 unit perhaps. 

We are looking for any and ALL advice for our first rental property. Should we take the $42k and try to get two rentals? Should we put it all in one? Should I get a larger group together and buy something over $1M?

We want to own our first rental property in 2021, thank you in advance for taking the time to read this and reply! Looking forward to hearing from you all!