All Forum Posts by: Michael Connolly

Hey BP Nation.  I'm looking to grow the Cohost business as we now have roots in South Carolina and New York.  Looking for any networking advice.  Below are services I've been providing.  Thank you.

Hello everyone. I was happy to recently launch my website for airbnb cohosting (www.thecohostdad.com). While we've continued to scale predominantly in South Carolina, I just wanted to put our information on BP in the event we could support anyone's STR needs. Through the website, you can schedule times to meet me and see if we would be a good fit. Additionally, I am offering a $500 referral fee for any client that comes on board. Thank you BP friends.

Michael

I think you're doing the right things for the most part.  Dynamic pricing tool is a must.  I also have  had traction offering virtual tours of my place, which required a drone/photographer to handle.  Posting the videos in certain groups has been helpful.

Hey Chris 

Congrats on taking the leap into the STR word. My wife and I did the same thing a few months ago and started cohosting at around the same time. message me on BP and we'd be happy to share our stories and lessons we've learned along the way.

Mike

Hello. Does anyone on here has dual license in NY and SC? 

For those of you who have licenses in two different states, can two different brokers hold your license in two different states? How are you using dual state licenses to your benefit? 

Thank you 

Pam. I’d be happy to talk about the area and the numbers. I’ve got a strong team down there now so let me know if you’d like to connect 

Getting in at a slower time as we missed most of the summer months . However the projections are roughly 40k a year . Coc worked out to be in then 25-26 range 

Investment Info:

Condo buy & hold investment.

Purchase price: $324,000
Cash invested: $75,000

3 BR/2 BA condo in the heart of Myrtle Beach. Located on Pine Hills Golf Course, this is 2 miles from the beach and .5 mile from Broadway.

How did you finance this deal?

Conventional financing: 10 percent down vacation loan

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Reena Artz - Coldwell

@Joshua Janus thanks for the reply. Yes I’m working through the books now. I haven’t found one in my area yet. Do you invest in addition to being an agent ?

Hello. I was hoping to get some recommendations on finding a multi family mentor or enrolling in some kind of mentorship program (at a cost I’m sure). Any advice is appreciated . Thank you 

mike