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All Forum Posts by: Sean McDonnell

Sean McDonnell has started 39 posts and replied 564 times.

Post: Real Estate Investor clubs/groups

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

Hey @Mitchell Mahnken! We host a real estate investing meetup once a month in Jacksonville and in Surf City. The Surf City meetup in this coming Tuesday, 4/12 @ 6 PM at 112 Triton Lane, Surf City. Hope you can make it! Also, let me know if you want to grab coffee one day soon and talk investing. 

Post: Average time required to manage a STR vs LTR?

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

@Steve Knipping

Where are you looking to invest in STRs? I am right up the road from you and have a few STRs up here in Surf City, NC. I would be happy to grab a coffee and talk about my experiences self managing STRs vs hiring a property manager. 

Post: Worth buying a rental property in this market or wait it out?

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

Did you mean 30% Cash on cash return? There are many properties here in NC that are on the market that will give you a 3% cash on cash return after management fees. 

Post: How to flip houses with no money down!

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

Come learn from our friend and local investor @Jason Velie on how he has built his flipping business! Jason is a great guy and very willing to share his experiences and lessons learned with our community. Learn -> Network -> Grow

Post: Surf City NC Pints & Properties

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

Join us to learn from local wholesaler and investor, Aaron Brantley on how he uses creativity and relationships to work with off market sellers. This event is at The Cove which is across the street from the Salty Turtle tap house. Hope to see you there!

Post: Mortgage 101 - Investor Focused

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

Come learn from Tim Horst with Angel Oak Home Loans about different lending options they offer to their investor clients! Hope to see you there :)

Post: Airbnb user banned for personal opinions

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

Has anyone else been following what is going on with Michelle Malkin getting banned from using Airbnb for allegedly being associated with a 'known hate group' and speaking at a 'white nationalist conference'? Interested in hearing your all thoughts on this matter and if you agree with Airbnb de-platforming someone for their political opinions. 

Post: First Single Family Rental in Kansas City, Missouri.

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

Tenzin, Congrats on your first deal! That is awesome! What are your goals for this year?

Post: What should I do while I’m getting my real estate license

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

@Saul Lechuga Where are you located? The biggest problem most agent have when starting out is lead generation. I would start that now! Go buy the book The 7 Levels of Communication and implement the practical advice from that book. Network with people in your market and start making a lot more friends. It takes a while to build a business largely fed by referrals but that is the most cost effective lead generation strategy in my opinion. Good luck getting started!

Post: Efficient way to find counties/towns where STRs are unrestriced?

Sean McDonnellPosted
  • Real Estate Agent
  • Surf City, NC
  • Posts 646
  • Votes 595

You should read Avery and @Luke Carl book. They lay out a very logical process for how to choose a market from a high level and then the steps to take to to a more in depth analysis once you have a potential market identified. One of their recommendation which I strongly second is to get connected with a local agent that works with a lot of investors in that target market. Someone on Biggerpockets has probably done all the research for you already in each market, the key is to just get connected with them!