All Forum Posts by: Heather McNicol

Quote from @Michael Baum:

Hey @Heather McNicol, we aren't anti-mentor. It's just we are skeptical of internet success stories who charge a bunch of money to teach you how they did things. We do that every day for free right here.

I understand your paralysis. Most of us had that on our first properties. Are we going to go bankrupt? Are STRs in our area going to get banned? Etc etc.

So, where are you thinking of buying your first place? What is your budget? What are you most concerned about?

 Hi Michael,

I'm currently stuck on picking a market.  I'd like to start with arbitrage since I don't have much to invest upfront and can scale faster and then pivot to purchases.  I'm concerned about picking the wrong area since I'm looking out of state.  I live in WA. I'm not sure which places are best to focus on with rules and regulations getting strict in some places. 

I'm also looking to get my hands on a good calculator for short term rentals since I'm terrible with Excel and only have a calculator for long term rentals that I know is missing sections that are specific to short term.

Any help you can give me would be very much appreciated :)

Hi all,

Thanks for your feedback! I have already read Avery's book and I've been stuck in analysis paralysis for a few months now. I keep seeing more that I need to learn before I move forward on a property. I'm also considering rental arbitrage for my first STR but haven't dived into information on that yet. I'm someone who does well with coaching and direction so trying to piece things together on my own has kept my investing journey in a hold pattern of learning.

I know these forums tend to be anti-mentorship, but I was hoping someone who has gone through a mentorship for STRs, even this particular one, could reach out and let me know if it's worth the success they've seen so far.  

@Briana Smith I'll be sure to check out Mike Sjogren's podcast as well!  I haven't seen his stuff yet.  From his website, it looks like he has a masterclass as well.  I'm not sure if I want to do co-hosting though.

Hi all,

I'm looking to get into short term rentals. I have been following Michael Elefante on instagram and have been talking to him and his team as well. He is obviously doing very well as a STR host but his mentorship is pretty expensive for not having much of an online presence. I was hoping to talk to people that have gone through his program to see if his success is more widely duplicated.

Thanks,

Heather

Shoot I'm sorry I missed this message!  I'll try to come to the next one :D

Hi all,

I hope everyone had a lovely holiday weekend!  Looks like the next meeting should be in 2 days on 11/30.  Is anyone planning on attending?  It's a bit of a drive for me from Vancouver, WA but there aren't any closer meetups going on.  Please let me know!  I'd love to see you all :D

Thanks!

Hi all,

I'm just getting started and would love to join your meetup on the last Wednesday of this month.  Is anyone planning to go on 11/30?

I look forward to meeting you all :D

Quote from @Zeona McIntyre:

My favorite conference this year was InvestHer

Best Ever Conference is also good I've heard. 

There is a new MTR conference coming up in April, not being advertised yet. PM me if interested. 

Hey there lady!  I just looked up InvestHer and saw that you were a STR panel speaker!  That's amazing :D  

I would be interesting in MTR as well.  I have a cousin that is pivoting that direction as well.

Quote from @Kristina Kuba:

@Dustin Verley

I would recommended Ryan Pinneda’s 3 day conferences in Las Vegas which I have personally attended and then you can join the yearly mastermind if you want

The 3 day conference focuses on flipping, content creation, scaling your STR portfolio and running a business in general

 I just started following Ryan Pineda on instagram. Thanks for the suggestion!

Quote from @Robin Simon:

STR Wealth Conference tickets I believe are becoming available in the next week or so

 Hi Robin,

I actually emailed them because I thought they were already booked up given that the website wasn't allowing me to see pricing.  They told me they aren't technically open for sale yet but I could use the code EARLY (cap sensitive) to get them!  Hope that helps if you wanted to purchase tickets too :)

Quote from @Robin Simon:

There are lots of good conferences, important to know your niche though, as some are focused on short term rentals, some are more focused on BRRRR and some are higher-level business focused etc. Here are some recommendations as we attend and track a lot of conferences:

Short Term Rentals

IMN STR Forum (Austin June 2022, next one Miami January 2023)

STR Wealth Conference (Nashville June 2022, next one Nashville March 2023)

STR Nation Meetups (just had one in Las Vegas this past weekend)

General SFR Investing

IMN SFR East / West (Miami Beach May 2022, next one Scottsdale December 2022)

BPCON 

ThinkRealty Conferences (Just had Tampa August 2022, next Houston March 2023)

Thanks so much Robin! I just looked into the STR Wealth Conference. I'm trying to see if there are any available tickets. I'm more geared towards STRs though I'm open to any networking right now.