All Forum Posts by: Malayna Johnson

Hi, I'm Malayna. I'm hoping to get some transparent advice on what it's like to be a host for AirBnB. This would be my first real estate investment. I'm thinking about purchasing a condo in Oak Park, IL and becoming a host for it. I know the area well so I don't have doubts about it not getting any traction, but just curious to hear some thoughts on the idea. If you're an AirBnB host and don't mind sharing please let me know any pros and cons you've experienced financially and/or just being in the business

Thanks in advance!

@Jerry K. wow that sounds great! Thank you for the insight.18-24 months doesn’t sound bad, that’s a great idea. Okay I will look more into AZ. Thank you again

@Ned Carey thank you for the response! I will check the posts out. I’m new to this BP discussion forum. I did hear people invest in tax liens for the return, but that’s a very good point to make. Thank you again!

Thank you for the insight! I didn’t realize Texas had a 2 year redemption period. That’s the same for Cook County here in Chicago. I have family in Texas so I wouldn’t mind traveling and staying a while as my work schedule is flexible too (and work from home now too). But that’s the same reason my family has just decided to invest closest to us in Indiana so they can easily drive by properties. Isn’t there interest if they redeem? (or am I mixing that up with tax lien) Also too, Texas is huge so I know I’d need to narrow down specific areas. Are there different redemption periods depending on the county or city?

I'm just beginning the in-depth research of investing in tax sales. My mother and grandmother have done them for years, but I want some other opinions, as they only do tax sales in Indiana. Does anyone invest in tax sales in Georgia, Texas, Florida, or Arizona? These are some places I'm just briefly considering. If so, what are your thoughts? Why did you choose any of these? Have you been having some success? How many properties do you own that you've gotten from the tax sale specifically? What has your general experience been like? Are you flipping them, buy and hold, wholesaling them, etc.?