All Forum Posts by: Kurt Naletko

hello and welcome! II spend allot if time in Hillsborough, beautiful area of the state.

welcome! Your in the right place!!! Check out the ultimate beginners guide, it is great for teaching you the basics.

Welcome Jonathan! I always love a success story coming out of where I am starting out! Keep up the good work, and best of luck with your future endeavors!!!

Gas, drive for dollars

welcome Dan! Your in the right place! 

if you haven't yet, I would listen to the podcast with Michael  (I believe it is show 77). Probably my favorite of the podcasts and talks a lot about screening buyers and negotiation. Best of luck!

hello and welcome!!! There us a podcast about vacation rentals, I think in the late 50's early 60's. From what I understand, vacation rentals can be very lucrative if you can keep vacancy low,but require allot of upkeep. If it were me, I would look at the property as if it were 100% financed, abd assume above average vacancy. If the numbers work, you'll probably do okay. Also, don't forget to include additional cleaning expenses for every rented week, and an umbrella policy, just in case!!! if you share more about the deal (acquisition cost, average weekly rates fit the area,age of the property, hoa costs, etc,) we may be able to give you a far more useful response.

Good luck and happy investing.cheers!

also, work hard, and save your money, it's not what you make, it's what you save 

Always be ready to pivot - you may never have to, but you'll be happy your ready if you ever do

welcome and congrats Christopher! I would add the third bedroom. If Rowan is anything like Rutgers, I would expect 2 students per room, pretty much regardless of room size (loft beds do wonders for finding space in a small bedroom). I think the biggest bottleneck of the property will be the one bathroom.