All Forum Posts by: Nick Medina

Just started using yellowletters.com but its a bit spendy.  Did around 568 letters with a cost of $627.05 as an initial test run.  I provided my own list from propertyradar.com

Any other suggestions on other providers out there with a more cost effective solution?  Thank you. 

Thank you.  I plan on attending the AZREIA meeting on Monday.  Would love to chat and network with anyone if you are attending.  

Monika, 

We have quite a few vacation rentals in Arizona.  We always run the numbers as a regular rental as our Plan B.  Most banks will lend on it as a regular rental.  If it doesn't make money as a regular rental, then be cautious.  Vacation Rentals will typically make 2-4 times regular rental income but i will always calculate a properties both ways. 

Looking to meet other investors in the East Valley.  I'm in Gilbert, AZ.  Would like to network and share our contacts and experience with contractors, lenders, experience, etc.   I need help in building my team as well.  Feel free to reach out to me.

Your choice to remodel or not will depend on what your target market and what your competition is doing.  Typically you are trying to create a memorable experience for vacationers so a nicer property is typically what they are looking for.  I have never offered a less than stellar short term as we count on repeat guests and referrals to drive our business. 

Thanks,
Nick Medina
www.GreatAZcabins.com