All Forum Posts by: Meir Greenblatt

 do you have a place you recommend in Houston that can help me sell a condo with owner finance?
thank you

80% of my guests stay about 2 months and I did not have a problem yet with them claiming tenants rights. 

but if you are concerned you should limit it to 27 nights since a lot of states have the 28th night considering as a month already. 

you should talk to your lawyer ideally he understands Short term rental and hotel law.

the $45k condo that you talked about is in not so great complex with bad HOA management and complicated way to provide building keys to the guests and it doesn't feel so safe there.
the complex near it with the price range of $65k is more comfortable and I used to manage some units there and now I have 1 unit there.
what did you do in the end? since its' been a year since your question?

Welcome to the Bigger pockets community 

can you share a little bit more about your goals in real estate?

@Kevin Boyd

Ask to talk with a different Airbnb representative. Claim that they where laying and prove it with video, also the mold inspector should be beyond what is needed to prove they are lying.

@Amy Zemser

I'm not sure about his formula but since you already have experience with Airbnb, go to see 10 properties that are on the market for kore then a month probably because they are over price, it's okay to pay $100 more then average Market price if it's a good location, I'm sure you will get at least 3 that will be happy with the idea. Start with 1 property, try to get it as fast as possible to 50% accupency and then open 2 more and so on...

Try to do it in an LLC or corporation .

I'm feeling very accomplished and proud for finishing all of the BP RE podcasts (except episode 369 that just came out :)

One of the things I learned in the podcasts is that no Matter what is your current day job you can still use it in order to succeed in Real estate, and for me it was listening to hundreds of hours of Real estate podcasts during my long Drives in my tow truck around Houston.

I started listening to the podcasts a little less then a year ago after I got my 1st condo, and I'm about to close on 2 more units, and I was able to open an Airbnb Arbitrage apartment that is cash flowing nicely.

It is not easy to listen all the time to people on the podcasts asking you to take action on 100 different RE ideas/niches and not being able to push yourself to actually do it, but looking back it seems like i did a little after all and that is good enough for now :)

Next on my goals is to finely get to read/listen to all the books recommended on the podcasts.

@Kevin Horton

I recommend contacting a few hard money lenders.

You can find hard money today at fixed 30 year rate of 4%-7% .

And some of them will underwrite the Airbnb income to help you qualify, you can get between 70% -85% LTC . And Point's can be 2 to 4 points.

Good luck.

@Nathan G.

Contact a local organization that helps People like that, even though he may not need charity maybe sending someone there to clean once a month can make a difference.