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All Forum Posts by: Lei Lu

Lei Lu has started 11 posts and replied 41 times.

Post: Mortgage - How to get a second Short term rental mortgage?

Lei LuPosted
  • Investor
  • Los Angeles, CA
  • Posts 46
  • Votes 14

Hi BP family,

Happy new year! Any suggestions on how to get mortgage on second short term rental property within the same year of getting the first short term rental property?

Thanks!

Post: Maui Home Buyers 14th Investors meetup - 1/26/22

Lei LuPosted
  • Investor
  • Los Angeles, CA
  • Posts 46
  • Votes 14

@Greg Gaudet Awesome! Any in person meetup next week in Maui?

Post: Short Term Rental - How to find volume of local tourists/guests

Lei LuPosted
  • Investor
  • Los Angeles, CA
  • Posts 46
  • Votes 14

Hi BP family,

Need your help. I am comparing three areas for my next short term rental property. What tool/website do you use to find out the volume of the guests/tourists for that area?

Goal: find a property in a high volume touristy area.

Thank you!

Post: Anyone experienced with VACASA?

Lei LuPosted
  • Investor
  • Los Angeles, CA
  • Posts 46
  • Votes 14


@Debbie Bone, what did you eventually decide on? How's performance so far?

Post: Short Term Rental Investment Properties Dec 2021 - Feb 2022

Lei LuPosted
  • Investor
  • Los Angeles, CA
  • Posts 46
  • Votes 14

@Justin Beasley 

@Gerald Pitts

@Joshua Strickland


@John Underwood

Any city/STR areas have less airbnb/VRBO restrictions? I know in LA area, airbnb is banned for most of the places if you are trying to rent for less than 30 days.

Does Myrtle beach, orlando also have pretty strick short term rental rules?? 

Post: Short Term Rental Investment Properties Dec 2021 - Feb 2022

Lei LuPosted
  • Investor
  • Los Angeles, CA
  • Posts 46
  • Votes 14

@Gerald Pitts

Amazing! One of my favorite investor Ray Dalio loves meditation as well.

For pricing strategy, do you have anyone to brainstorm with? What are the key numbers you want to hit?

Post: Short Term Rental Investment Properties Dec 2021 - Feb 2022

Lei LuPosted
  • Investor
  • Los Angeles, CA
  • Posts 46
  • Votes 14

@Joshua Strickland

Great plans!

I am doing the same, comparing different markets. I saw a report that Myrtle beach is one of the fastest growing market.

What do you like about myrtle beach and what does your wife like about Orlando?

Post: Short Term Rental Investment Properties Dec 2021 - Feb 2022

Lei LuPosted
  • Investor
  • Los Angeles, CA
  • Posts 46
  • Votes 14

@John Underwood you are such a boss, I love it! Is there any return on investment rate that you want to get?

Post: Short Term Rental Investment Properties Dec 2021 - Feb 2022

Lei LuPosted
  • Investor
  • Los Angeles, CA
  • Posts 46
  • Votes 14

Hi STR investment elites,

Are you strategizing for 2022? What is your goal? Which market are you going to invest and why? Let me hear your reasonings!