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All Forum Posts by: Michael Porche

Michael Porche has started 17 posts and replied 209 times.

Post: Coeur De Alene Experience?!

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101
Originally posted by @Michael Baum:
We have a very successful lake house in Harrison Idaho.

Where abouts is Harrison?

Post: Best towns in florida to invest

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101
Originally posted by @Kevin Pillow:

If you like the buy and hold strategy the Destin/Emerald coast area is great because the combined military population from Eglin AFB/7th Group/Duke Field/Hurlburt Field is pretty large. If you like short term rentals there are cities along the coast like Destin, Miramar, San Destin and Panama City that are great opportunities. 

Are you up there now? Would love to connect. I got a few in that area and looking to network with more folk. I live in Idaho. 

Post: Best STR Property Management Software

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101

I use Hostaway. They have been good with my needs in managing multiple platforms with multiple properties. 

Post: Oldest funeral home in Florida -> Mixed use / multifamily

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101

Nice! I've been hearing about some of the growth in Jacksonville. What is your opinion of it on how its doing and its direction? @Eric Adler

Post: What Would You Do With It?

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101

Thats a great question Steven. I would do what I am currently doing. My highest returns has been in doing value add multi-family purposed as short term rentals in specific markets. The Value add component allows us to take out the money we put in for rehab and then put them in another rehab. Would love to connect!

@Steven Hayes

Post: I'm getting some analysis paralysis while deciding SFH, MFH, STR

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101
Originally posted by @Ismael Ramos:

Hi everyone,

I'm a new real state investor trying to get my first deal done. I have a full time job 150k, 800+ credit score and 140k cash and my only debt is my mortgage 2.6k month. I'm trying to figure out if I should start with a small SFH and build from there or take advantage of having the cash to put down 20% on 4 plex or STR. My main goal is to build a cash flowing portfolio and add more every year. I'm in Tampa, Fl. Thanks in advance.

Would love to touch base! I work with a guy where we put 10% down on investment properties. Let me know if I can help or offer advice. I pm'd you as well

Post: Furnishing an Air bnb

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101
Originally posted by @Eric Kelly:

Looking to add a rental to my portfolio but am coming to the realization I may need to furnish the new rental due to the market not having a lot of turnkey properties at this time. Is it possible to add the furnishing of the home into the home loan ?

So everyone does it differently I have personally financed my furnishing into my rehab loans. So I dont have to come out of pocket for those items in the long run. I got a great gal who completely furnishes STR's for you. Depending on the project sometimes she flys out to the location herself and does it. Let me know if there is anything else I can help with. Contact me via message

Post: Where are some good locations for vacation homes in Florida?

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101

I'm in the West Panhandle region! Let me know if you'd like some specific information in that area

Post: Panama City Beach Multifamily Investor Meetup

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101
Originally posted by @Blake Dailey:

Hey @Michael Porche it's in person only. The Florida sunshine and humidity protect us from covid lol.

hahaha. Oh trust me, I would be there in person in a heartbeat. I just live out of state. 

Post: Owning Properties In Multiple States...

Michael PorchePosted
  • Real Estate Coach
  • Boise, ID
  • Posts 220
  • Votes 101

Where do you own property? I own a few in the West peninsula and so some property management as well.