Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Nandy B.

Nandy B. has started 28 posts and replied 124 times.

Post: RANT: Stop Using Bad Math to Analyze Real Estate - Plus A Hot Tip

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

@Wes Blackwell

I read the whole thing... Thank for taking the time to write it all.

I live in Texas and own 2 property. I would like to get 1 more than this year. I was thinking about Oklahoma just because I have family there. This post is eye opening for me.

Do you have an article or book that takes what your talking about and goes into more depth⁉️

Post: I'm selling my long term rentals and buying beach property

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

@Clint Harris

Let's do it 💪

You have at least 1 follower lol

Post: I'm selling my long term rentals and buying beach property

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

@Clint Harris

If you want to have a Mastermind.... Let me know. I ll join. It s hard to find investors who specialize in STR. I do not have a place to get solid advice (based on experience) and support.

I read and listen to a lot of podcast, but I still feel like I could use a tribe. It's currently a lonely space.

Lol... not mopping, just being honest. I know I ll be okay, but it's better with a group of liked minded individuals.

Post: I'm selling my long term rentals and buying beach property

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

@Clint Harris

Thank you.

We need to have more conversations like this on bp. Number for LTR vs STR are different. I m having a hard time talking to investors bcs most of them only think LTR.

Great post... Perfect timing for me.

Post: I'm selling my long term rentals and buying beach property

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

@Clint Harris

I just listed my LTR in Airbnb 3 days ago and in two weeks with less than 60% occupancy for these 2 weeks my mortgage will be covered.

Given your experience with investing and STR.

Will you suggest owner financing to acquire more properties in STR desirable areas⁉️

I would like to scale up and buy another one this year but I just bought my second rental a few months ago.i ll have to wait until next year to purchase another.

Post: Owner/Seller Financing for STR

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

@James Michael Few

That sounds great. 20%below market value is unbelievable for owner financing,not impossible clearly. Just not possible for my area unfortunately. Here it is more like 20% above market value.

I agree with you 100%, the numbers have to work for various exist strategies.

I ll to be very patient.

Post: Owner/Seller Financing for STR

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

@Paul Sandhu

Lol....that s scary.

I currently have a rental in the area I Airbnb. It dies very well. But I m won't be able to get another loan for another year. I really want to do another deal this year.

I just need to find a way, that works numbers wise.

Post: Owner/Seller Financing for STR

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

@Paul Sandhu

I live next a few sports arenas and convention center. It will help with bookings.

Post: Owner/Seller Financing for STR

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

@Lucas Carl what do you mean by cost you money?

Post: Owner/Seller Financing for STR

Nandy B.Posted
  • Rental Property Investor
  • Los Angeles CA
  • Posts 127
  • Votes 54

Has anyone used owner financing to build STR portfolio?

I m wondering if the return s for the STR revenue make up for the higher cost of an owner financed property.

If the numbers works, is it a smart idea?

The monthly payments for owner financing deals are higher but so are the margins for STR.