All Forum Posts by: Kevin Hofstee

Are the folks in that neck of the woods focused on LTR or STR? We live in Portland and are thinking about getting a place in Gearhart as a STR but also use it ourselves a bunch.

@Severin Sadjina that's awesome that you're still working on it, and I'm not surprised there's commercial interest!  Wholeheartedly agree on having good data sources, I'm very much at the infancy of figuring out what's accessible on what approach to take.

I'd be curious to know what kind of results you've been able to get, and what signals have you found to be the most effective.  I'd love to connect further if you're open to it.

@Erica Husted can you qualify without your co-signer?

You could try Muskegon near you, pretty low entry point - just avoid the Heights!

Also, if you’re not in the Grand Rapids Real Estate Investors Facebook group, I highly recommend joining.

@Jared Boundy unfortunately convection was out of stock, so ended up doing baseboard heaters - didn’t want to hold up finishing my project for a week to try it out. Will try convection next time I have the chance and will let you know!

@Jason Ling @Severin Sadjina I work in AI/ML on the product side (former software engineer) focused on CV applications.  I just found this thread, how have your efforts progressed on this topic?  Looks like there were a lot of naysayers, but I'm sure there's something to be had with NLP, CV and basic linear regression.

@Jared Boundy how did your heating work out?  I'm having to make a similar decision for an 11x10 room + its walk in-closet, which is probably another 30 sqft.  I've read a good rule of thumb is 10W per sqft, but the convection heater says it should handle this room size, and I'm sure the tenant will appreciate the lower electricity bill.

Considering:

• Convection Heater (400W): https://www.wayfair.com/home-improvement/pdp/amazeheater-llc-amaze-heater-dual-400-watt-electric-convection-panel-heater-amhr1002.html
• In-Wall Heater with fan (and built-in thermostat) (1500W) : https://www.homedepot.com/p/Cadet-EnergyPlus-1600-Watt-120-240-Volt-In-Wall-Electric-Wall-Heater-in-White-CEC163TW/206750445

@Jay Hinrichs @AJ Shepard either Rarebird or WIN doing any virtual meetings?

@Charles Kao I pulled it directly from the county website here: https://bsaonline.com/?sitetransition=true&uid=478

Deal fell through anyways, owner wanted way more than what he initially told his property manager he would let it go for.

Downloaded it and it linked me back out to: https://treas-secure.state.mi.us/ptestimator/PTEstimator.asp which had my answer.  Really appreciate the help @Ricardo R.

The current owner (an investor) purchased it in 2018, so that must have triggered the non-homestead transition in 2019.  When it was homestead property tax it was well below what it should have been.

@Todd Bowen I paid Muskegon’s $2 fee to pull the assessments and property taxes, that’s what’s in their database.