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All Forum Posts by: Robert Keeling

Robert Keeling has started 5 posts and replied 10 times.

Post: Vacant home acquisitions

Robert KeelingPosted
  • Posts 10
  • Votes 2

I need some help and advice. I'm trying to purchase a property down the street that is vacant and definitely a good candidate for a flip or BRRRR.

I have sent mailers, and called any phone number I can find associated with the address, and no luck talking to the owners! What are my next steps? I refuse to just give up, what else can I do?

@Scott Lundgren thank you so much that was a very helpful response

@Dave Spooner awesome thank you so much, I thought the CPA was my route but wasn’t 100% sure

Post: Vacation rental property

Robert KeelingPosted
  • Posts 10
  • Votes 2

@Dave Spooner but regardless, that’s not really what I’m asking haha, looking for what markets people think hit the 1-2% rule these days

Post: Vacation rental property

Robert KeelingPosted
  • Posts 10
  • Votes 2

@Dave Spooner

Not sure where you’re at but for a second home/vacation home (atleast 100 miles from primary residence) it’s 10% down

Post: Vacation rental property

Robert KeelingPosted
  • Posts 10
  • Votes 2

Trying to find the best place to search for a property that I can put 10% down as a vacation property, while renting it out during the time of the year I'm not using it. Either through LTR or STR. Obviously trying to hit the 1% to 2% rule, any input would be greatly appreciated!

Curious to know where you guys would point me in the world to find the right person to talk about this with. I don’t expect anyone on here to give me tax advice, but if you have credentials to back up your advice I would love to talk.

I currently have four doors, one being an Airbnb, and as of right now everything is in my personal name. I do have an LLC formed and set up, and I guess I'm just a bit confused on the best way to go about setting things up in order to maximize tax benefits, right offs, and other things such as that. Any input would be greatly appreciated, or any input on who to talk to (maybe a CPA?) 

Thank you to those who have already responded. Yes, you're right, I'm not brand new, I DO have a rental property. What I can bring to the table is someone who is eager to find good deals, someone who is always looking at the raw number s to figure out what deals just don't make sense, and someone who is eager to yield myself, and my partner, a successful return. 

Hey everyone,

      My name is Robert and I am stationed at fort Campbell, KY which is very close to Nashville, TN and not far from Memphis, Bowling Green, Knoxville, ETC. Currently I have one long term rental located in the city outside my base, and I'm looking to expand. My goal is to hit 100 units. I want to get into multiunit properties, but with my current pay (its the army, so no.... its not much) I can only really afford to get into something around $200,000 and I do not have much, if any, capital on hand. I guess my main question is where do I find investors that would be able to provide the down payment, if not most of the cost, in return for equity, ETC.? Im at a stand still because im just not sure where to go to find these investors, let alone pitch them a deal. It blows my mind thinking of people buy these multimillion dollar apartment complexes, but i suppose they arent just using their own money. 

     What is you best piece of advice for finding and utilizing other peoples money to fund deals that I find to make both me and the investor profitable?

Looking for a shell, or general format and wording of how exactly to ask family or friends or just anyone, to help fund my real estate purchase. Any ideas tips or tricks are helpful, thank you!