All Forum Posts by: Leanna Mansour

Hey all! I have searched so many areas such as Pismo, Arroyo Grande, Monterey, Santa Cruz, and more and I cannot find a place to start a rental arbitrage business. Anyone else near the Bay Area doing short term rentals!? Any tips would be greatly appreciated. Thanks 

Thank you @Bonnie Low that’s great advice!! 

Hi all! How do I find an agent who specializes in Mid term rentals? Any recs for websites I can search on? I don’t see an option for that here. Thanks! 

Also any input on how to tap into this market in the Bay Area would be greatly appreciated. How do you analyze your property to see if it would be good for a MTR? Any experts out there please help!! 

Thank you everyone, seriously great responses. I am going to make a couple adjustments to the calc and I will repost. 

@Steve K. - Thanks for the clarification on the area location. I do not know the area well as I am not from there. The PM fees are at 10% as my cousin who is a RE agent will be managing it for me if we end up buying it. It is his deal that he has not yet put on the market. I am going to go ahead and adjust the vacancy and add some money in there for repairs. Maybe about 5-10K. I am waiting on information from him on the health of the property so hopefully I should know more on that soon. Nearest cross streets are 21st Ave/Collyer St - right near Main St. 

@Craig Curelop - Thank you Craig! It looks like it is just East of Main Street. Also, thanks for the reference.

@James Beckman - Thank you - I am going to make some adjustments and I will repost my findings. Very helpful.

@Scott Hibbert - Oh awesome that you moved from the Bay! I am hoping to leave this area someday too... Its near Main St. Thanks for the advice. 

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Duplex in CO, outside Denver in Longmont. I am told this is an up and coming area with a nice downtown. Management company would charge 10% of monthly rent and realtor told me the rent on each unit will soon be increased from $1200 to $1300/month. Good deal? Thoughts?

Awesome! Where was the land you bought?

I am looking for a realtor to help me buy rental properties. I don't have any investments YET besides my single family home we live in/own.  I would like to start investing to bring in more income monthly to eventually cover all my expenses. 

I live in the Bay Area... most expensive place in the universe... so I probably will not invest in this area. My question is - is it better to find a realtor who lives in the location you want to buy or just one who can help you find deals in any state/city even if they aren't from there?

This is awesome! I really have been wanting to invest in Ohio - which cities would you recommend? 

Thank you @Adam Mayberry, I just messaged you!

Thanks @Brian Larson, we are trying to look through all of our contacts to Network right now but so far, no luck! Just have to keep trying!