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All Forum Posts by: Mike Grudzien

Mike Grudzien has started 1 posts and replied 253 times.

Post: Corporate Guests STR

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

We do MTR first quarter, just about every year. STR rest of the year. It's a perfect fit for the travel volume in Eugene, OR.
My 2 cents,
Mike

Post: Advice on Starting out at 21 years old

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

Josiah,
If not a Member, I would invite you to a meeting of either as my guest.
Mike

Post: Advice on Starting out at 21 years old

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

Josiah,
Have you joined R.O.A. or O.R.E.I.A.?
Mike

Post: Anyone using Autohost.ai?

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

Sarah,
Thank you.  Your enthusiasm has me curious now.  Thank you for your Post.
Mike  

Post: Financing property with HELOC

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

Roberto,
I was going to weigh in, but you got 2 solid answers above that I agree with.
My 2 cents,
Mike

Post: Advice on Starting out at 21 years old

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

Dave,
Surround yourself with mentors.  I'm a member of Oregon Real Estate Investors Association here in Eugene, OR.  I'm also on the Board of Directors of the Rental Owners Association of Lane County.  Connect with me here on BiggerPockets and I'll get you connected locally with an entire support group.  Happy to help and mentor.
Mike

Post: Cash out Refi

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

Raj,
Ko makes a good point.  Work with seasoned professional and drill down on all your options.  If you're talking to a broker that only shows you one or two programs: find another.  Over the years I've worked with brokers that would figure out 6 different ways to do a deal and then we'd compare them all against what the specific goal for the deal is.
Mike

Post: Cash out Refi

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

Raj,
You situation is both simple and complex at the same time.  Do your research and do diligence.  You have quite an opportunity if you play it right.
Mike

Post: Anyone using Autohost.ai?

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

Amit,
I've heard of it, but I'd be careful. We are still in the early stages of AI. My STR revenue is too good to take a chance to be on the bleeding edge....
My 2-cents,
Mike

Post: Personal Loan for purchasing power in Midwest Market

Mike Grudzien
Pro Member
Posted
  • Lender
  • Eugene, OR
  • Posts 272
  • Votes 220

Brandon,

You got several solutions.  I like Joseph Bui's above.
Mike