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All Forum Posts by: Mike Alio

Mike Alio has started 2 posts and replied 5 times.

Post: Pennsylvania RE Investors

Mike AlioPosted
  • New to Real Estate
  • East Berlin, PA
  • Posts 5
  • Votes 1

Thank you! @Jake Ernst

Post: Pennsylvania RE Investors

Mike AlioPosted
  • New to Real Estate
  • East Berlin, PA
  • Posts 5
  • Votes 1

Thank you @Travis Wylie. I will check them out!

Post: Pennsylvania RE Investors

Mike AlioPosted
  • New to Real Estate
  • East Berlin, PA
  • Posts 5
  • Votes 1

Thank you Michael! 

Post: Pennsylvania RE Investors

Mike AlioPosted
  • New to Real Estate
  • East Berlin, PA
  • Posts 5
  • Votes 1

Hello,

My wife and I are new to the area and are looking for advice from local investors. We currently reside in Central PA (Adams County), and are trying to determine what locations we should focus on. I was initially interested in STR and investing down south but that market seems too volatile right now. We still have a lot of research to do and are split between house flipping or buy and hold. I'm reaching out to see where other PA investors have had success. Specifically what cities, best ROI, or even best tenants. We'd also be looking for recommendations on real estate agents and contractors you've worked with. I appreciate all of the tips and advice!

Thank you,

Post: Advice for first STR purchase

Mike AlioPosted
  • New to Real Estate
  • East Berlin, PA
  • Posts 5
  • Votes 1

Hello everyone,

My friend and I are looking to go into business together and purchase our first STR property. I was looking for some general advice and which directions to go. My friend lives in Missouri and I live in Pennsylvania. We're looking to purchase our first STR in Branson MO. We want to make this long term and create a career from it.

-With regards to creating a real estate / property investment business, should we start that process first, or buy the property first? 

-Has anyone done a partnership / LLC with partners being in different states?

-Are there any sources for creating a business that would have the laws for each state / city / business together?

-We still have a lot of research to do. Where are other areas first time investors should look into? I know the south would be smart because of the occupancy rate throughout the year.

-What are things we should look for in STR properties that will show signs of success?

-Any tips are greatly appreciated and thank you for all of the help!

Thank you,

Mike