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All Forum Posts by: Ken B.

Ken B. has started 4 posts and replied 73 times.

Post: want to airbnb

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

Hi Noah, I found the perfect big bear property that allows not only airbnb, but has a complete lot behind for an ADU. This property is perfect. Thank you so much for info. My neighbor has many airbnb properties in San Diego and told me to go to AirDNA. Thanks for reminding me not to go there. He's down 8% in short term rents. I also like mid term rentals for obvious reasons. I'm not to keen on long term,although I'm looking at one. Please stay in touch. P.S. Have relatives where you are.

Post: want to airbnb

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

Looking to airbnb in Big Bear City,Ca. It's very tough here to invest these days.So, I thought I'd buy a cabin in Big Bear City. Family time available more often this way. I figured I could airbnb,also. Does anyone know a sight to chk. trends as to where in big bear it's working better then some areas (lots of saturated areas). Thanks, Ken Bailey

Post: Anyone buy rental properties in Maine

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

@Ed Emmons, Thank you Ed, I appreciate this excellent advice. I will absolutely adhere to your advice regarding credit unions and banks websites. Nice to know opportunities exist between Portland and Woolwich. My broker will give me auto emails in anyway I ask. He is BP from Portland with an excellent portfolio. The DOM is very important to me. I'm a BRRRR investor, cash,and 1 contingency, inspection, and fast close. All this is just fun to me and I very much appreciate your help. ken b

Post: 3rd buy & hold property a single family in Maine

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

@Carl Hebert,  Thank you Carl, I will adhere to your solid advice and waste zero time when I find my 1st in Maine. Always reading your posts and picking up advice. ken b

Post: Anyone buy rental properties in Maine

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

Hello John, I'm gonna find "tore up from floor up". I'll be cash, quick close, and 0 contingencies except a quick inspection. The market is for sellers but I feel with BRRRR I just need 1 to keep me happy. Have an excellent broker in Portland (BP). All I need is a great banker, PM, and contractor. I 'll live without a contractor for awhile if I have to as I can do that, but I hope to find that person. You are correct the basic inventory is crap right now. ken b

Post: Anyone buy rental properties in Maine

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

ED EMMONS, Liked your read about Bangor. My wife and I are moving to Maine this year. Purchased land in Woolwich between 2 bodies of water. We're now working on a builder and getting bids. Fortunately have a great BP Broker that I met at BP from Maine. My thing is rehabs and Buy/Hold etc. Currently doing local market analysis of towns/cities/municipalities etc. in Maine. Bangor has been an interest for the last year or so. So thanks for reigniting the thought. I have found an area of interest that has potential. My main interest is BRRRR. Hope to find an REI group. My sister has lived in Oxford forever. Hope to hear from you. ken b

Post: 3rd buy & hold property a single family in Maine

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

Hi Carl, Sounds like an excellent investment. My sister lives in oxford and we're in the process of moving to Maine. Looking for a place to start investing. Have a great BP Broker and currently looking at local markets. Again, congrats on an excellent investment. Ken B  

Post: Of all the places you lived, where would you move to right now

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

I grew up in Massachusetts (awesome state) then vietnam ( can't recommend this (to humid)) then Miami for college (definitely nice if lots of people is your thing) then California since 1981 (nice but expensive) now moving back to Maine where my family has had realestate, forever. Still looking for a home on the water up and down coast. Definitely not worried as I have David Marshall (EXP Realty, LLC) in South Portland helping me (biggerpockets). He'll be my Broker when I move to Maine. Also, Philip Seymore is living in paradice climate wise, San Diego ( considered best climate anywhere in U.S..

Post: Heating Systems in Maine

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

@Dave Holman, Thank You Dave! This has been a great subject for the last month or so. Coming home to Maine as soon as all this craziness ends to live and invest there. Definitely going the exact same route you've taken. Again thanks for the excellent advice. Respectfully, Ken Bailey!

Post: Looking for funding in Maine

Ken B.
Pro Member
Posted
  • yucca valley, ca
  • Posts 74
  • Votes 33

@Sochima Eze, Couldn't agree more and I'm on it. Respectfully,Ken Bailey