All Forum Posts by: Marcus Jones

I have a few questions if anyone could answer. I am going to be a sweat equity partner for an investor here in the near future in the smoky mountains market.

What is the best way to structure a JV like this since I'll be putting $0 in just hard work?.

Should I get an LLC to have on the title or not (I'll be on title but not mortgage)?

what is a common profit distribution time frame? We were discussing semi annual disbursement or annual. We really want to keep re investing profits to improve listing quality and get more listings.   

I’ve read short term rental long term wealth and I have also signed up for the upcoming masterclass. Is there any other education you recommend? I am active duty military so I won’t be able to travel all the time to our properties and will have to manage remotely this is the major part I really want to learn.  Thanks for taking the time to read this! I look forward to replies!!

I'll buy that book right now. Really just starting my journey so looking for any and all education

Hey everyone!

I'm looking to learn as much as possible about STR over the next 12-18 months. My goal is to get into a property that I will self manage by December of 2023. I want to purchase by October and have it fully furnished with teams in place setup by December. I am planning on spending no more than 120k with furnishings, travel expenses, and down payment. I want to eventually grow my portfolio to 5 properties that I manage with my wife. We want to focus in vacation markets such as Destin, PCB, Pigeon forge, and possible somewhere in the Rockies.

I've really considered buying a course but I want to reach out on here first to seek guidance on where I can find free information, mentorship, or possibly add value and work for someone on here that needs help so I can learn!