All Forum Posts by: Richard Gray

I've heard good reviews about Vrbo, I also thought about them too and might use them as well.im just curious if guests would prefer a single family home more or if multifamily units would rent out just as well. I do have a backup plan in place in that I would rent out to long term tenants if the short term rental doesn't work out.

Hello, 

im in the exiting process of my fix and flip and I was interested in delving into the short term rental, mainly Airbnb. My question is what is a more preferred type of property to purchase and invest as an Airbnb? Would it be better to have a single family property or a multifamily? Which is more desirable for guests? I know a lot has to depend on the location. I stay in the Tampa Bay area and I'll be looking for a property close to the beach, just a few blocks away from the Gulf.

Greetings!

I've been noticing in my city that newly listed home are having penning contracts super quickly. For instance, in the morning when I wake up I would check the RE websites such as realtor.com or zillow.com. I see a property that interests me, then I go do some light research such as check comps, look up reports, check previous sales, etc. Then around noontime or so I check again and it's pending with a contract. I'm like 'what gives?' How can somebody make a $100k financial decision in a matter of hours? I know they cant get a formal inspection that quick. Do they even stop and look inside the property? Because of this, I'm missing out on good opportunities because somebody else is eating me to the punch. Am I missing something? Is there a strategy on getting these houses under contract much quicker? Or could they be bending the rules and putting in contracts on properties that they probably don't even know what it looks like; is that even allowed/ethical/legal? I would love to know what other member strategies are in getting homes under contracts quickly.

Hello! Just joined Bigger Pockets. I'm just blown away at the amount of valuable information and experienced members on here.

I'm hoping to find some connections in the Tampa Bay area. I've made one successful fix-and-flip deal a couple years ago and I'm ready to get back into it. My last deal I used conventional financing through a bank but this time I want to try using hard money. Any recommendations on hard money lenders in the local area that doesn't mind working with new investors? Also, are there still loan programs out there that would finance with less than 20% down? I got y eye on a nice property at a good price but don't quite got the 20% down payment (I have about 17%) I'm afraid that by the time I get there, that property will be long gone.

Looking forward to meeting some new connections in Tampa Bay!