All Forum Posts by: Rocky Verteramo

Hello All!

I own a few vacation rental properties locally in the midwest. My wife and I are considering purchasing a vacation home that we would only buy if it were to be primarily used as another income property. I know many places in Florida can be profitable, but are there any suggestions on where to start or who to speak to? Areas with known reputable property management companies wth references are obviously ideal areas to start looking. 

Our budget at this point would be between 200,000 and lower. May be on the lowend, but we are at least trying to give it a shot!

Any help is appreciated

Rocky

It's called fast action program I think.

Hi All!

Anyone ever try Josh and Cody's material? They own the company Clever Investor?

Hello All!

My rental niche is vacation / event rentals. I have 3 properties and I use them year round as event and vacation rentals, never permanent tenants. As of now, I book everything through the websites Air Bnb, Home Away and VRBO. Income goes direct to my bank account and I pay everything auto pay through my bank. As of now, I keep track of everything by going back through my bank account statements and manually recording all transactions onto an excel spreadsheet in their own getegories (i.e. gas bill, electric bill, HELOC payment, Mortgage payment, maintenance etc. I am about to purchase a 4th property and my way is definitely way too time consuming with one property, let alone 4. Well I'm tired of that! haha. Can any of you recommend a program to use? I use Mint.com for my personal finances and I love that set up as I can sink it with my bank account and everything goes through to there into categories I have set up, which his how I am sure most programs are. Maybe I could just set up a separate Mont account for the business, but I thought I'd ask around here first to see of any recommendations.

Thanks for any advice!

Rocky

Thank you! Any suggestions on good questions / concerns to ask companies I plan on interviewing with? Any ideas to help hit the ground running?

Thank you Federico!

Hello Everyone!

I have a few rental properties that I have acquired over the last few years and am really enjoying this business. I have decided to switch careers and get my Brokers License. Very excited but nervous at the same time. I am half way through my licensing, but in the meantime, on top of getting advice from various connections in the local business, I am trying to find any ideas on reading / listening material and any kind of general knowledge I can gain along the way on how to succeed and learn the right way to start off in this business. My goal at first is to find a company to go with that offers the best training so I can start off the right way and learn all I need to learn. Commission is secondary to me right now. 

My question to all of you, is there any reading or listening material you could suggest I look into in my research on how to succeed in this business? Any general advice or ideas are greatly appreciated.

Thank you all in advance!

Rocky

what street is this located on?

Charles, Thanks for the advice! Could you touch on the equity position? Is it a percentage of the homes worth? I am not sure what you mean about that.

Thanks!

Hi Guys!

I may want to get into being a private lender as part of my investment plan. Do you recommend any specific book or reading material on bigger pockets to help me in making my decision if this is for me and if so, how to go about doing it? 

Thanks!