All Forum Posts by: Olivia Radziszewski

Hi @Anthony Taylor, I would first identify where you would like to list the home! Furnished Finders can be a great resource for mid-term rentals as well as doing 30 day plus stays on Airbnb. Make sure the house is rent ready and clean! My recommendation would be to get professional photos taken as nice photos really do draw renters in. If you are doing a mid-term then also having the home furnished and making sure the tenant will have the things that they need to be comfortable during their stay. Good luck!

Thank you @Sherri Stokes  for the mention! @Ikenna Omekam we are happy to have you looking into our market in Chicago! I work with many investors, like yourself who may not be familiar with the area and help them nail down some good deals. Would love to connect.

Hi @Edwin Rodriguez- is you send me a PM I am happy to send you a few recommendations. 

Hi @Ethan Fowler- there is no right way to go about starting on your real estate investing journey! There are a lot of different ways that you can reach your goal of having not only a personal residence but also an investment property. From what you are describing, it sounds as if the best place to start would be sitting down and having a conversation with your fiancee about what your mutual goals are and the best way to achieve them. As well as, what makes the most sense not only financially but also so that you both can be comfortable while you grow your real estate portfolio. Good luck! If you need any help in your search in any way, I am happy to be of assistance. As I am also licensed in Colorado. 

Hi @Adam Shepherd- depending on the type of loan that you got on the property it may be assumable for the next owner to take on the current rate that you have! If you have an FHA loan or a VA loan, a wonderful thing about these loans is that they are assumable by the next buyer. Good luck!

@Austin Berlick- Have you considered doing a mid term rental? These can be listed either on Zillow or Furnished Finders. It would require you to furnish the room, however, you can get higher rents than you would be able to get from a traditional rental. Good luck!

@Samuel Stuart- congrats on being in a space where you are considering the next steps in this space. I would consider if there are things you can hire out in both of the businesses that would make your time used in the most effective way and allow for rest. It can be easy to overwork yourself, however there are definitely many steps that you can take in order to mitigate taking on tasks that you can easily hire out when your time would be better used elsewhere. 

@Jason Crowe- Congrats on your successful investment! How did you source the deal?

Hi,

I would start by going to your local real estate meetups and meet people. Sound like a good place to start would be by identifying a mentor and maybe doing a partnership since it sounds like you do not have capital to get started. If you can add value of being able to put time when a more experienced investor does not have that or find a different way to add value. You can also find ways to find and source unique properties such as distressed properties that may be able to structure creative purchase terms that typical listings would not be able to structure for you. Ultimately, it is always helpful to find ways to add value to a situation where people need it. Good luck!

@Ahmed Zif- Amazing that you are looking into purchasing your first place! If you have not already, I would look into speaking with an investor friendly realtor and lender. They can help guide and direct you in the direction that you want to go. I would definitely start with getting a pre-approval if you have not already. Good luck!