All Forum Posts by: Mohamad Khan

@R.J. Petrillo I read about the STR being limited as well but i did not get much information online on it. Thats interesting to hear since Orlando is a tourist hotspot so i guess the city just wants the extra cash flow to come in by doing this.

Do you have more information on the "collect a variety of taxes" is there other items aside from property taxes i would have to pay?

@Tyler Gibson Hey thanks for that info! I saw some condos/townhouses in Kissimmee for around that price range, hence why i mentioned it because it was in my price range. I do not mind paying for more if its worth the investment, but i did not want to aim to high as a first investment out of state since it will be tough to be sure the property is intact and being well taken care off. I would love to connect with you and get some more info and insight into how the market is and if STR are still profitable there!

I would like to know how is LTR over in Orlando/Kissimmee? I would not mind investing in that either since its a bit more stable and i am more experienced with that. Open to hear about that also.

Hi All!

So i am thinking of making my next real estate investment move in Florida. I am thinking of doing STR through Airbnb so i wanted some information on if Orlando or Kissimmee is a good Airbnb market and if i can find a good STR for around $100-150k. If anyone has any specific locations or types of properties i should be looking at do let me know! I will be flying out 6 months from now to scope out all relevant information i get from the good folks here! Need to find some good realtors that can help me out and need information with mortgage brokers, property managers etc. This will be a new market for me since it is out of state since i am from NY. Do let me know if i missed any information, more than happy to add on in the thread below!

A little background. I do have rental/investment properties in NYC/Buffalo, but wanted to expand into STR and i think Orlando/Kissimmee would be ideal due to it being a tourist hot spot attraction.

Following this as well.

Yea i did not know it was for a course. I would urge you not to take it since it will most likely not teach you anything of value that you cant get for free online or here in general. You can just put that down for a property instead. You could even go for a hud home since they will help you even if you have a bad credit score. You can go far with 15k in buffalo

Hey Paul Holtham you can either go directly to a bank and ask them for a personal loan or apply online to either sofi or earnest for one. Theres many options available online and in person

Hey Paul Holtham i have property in buffalo and i have to say its a good market to invest! I would advise you to be sure of the neighborhood you invest in because some have a high tax rate which cuts down your profit a lot. There are a lot of good buy and hold neighborhoods but you have to scout the deals and make sure you get a good buy. Not all the houses on the market seem to be how they are stated so he sure to do inspections and whatnot.

Hey Matthew Mckinivan i would love to get into contact with you. I need a new realtor for buffalo ny and would love to chat.

Welcome! I have some property in buffalo ny. Your on the right track. Save up to around 50-60k than purchase your first property. It will be a good cash flow for a buy and hold.

Vincent L. Ahh ok. Thanks for the reply though!