All Forum Posts by: Shanai Rogers

oh wowwww this I didnt know! Well let me say LTR  since nurses stay a min of 30 days and that is my target market, but I will def do some digging. I appreciate you!!

So I'm actually doing rental arbitrage, I am renting the spaces for now. Buying is in the plan but not yet! I have a space in sf that is doingf well but only because I luckedddd up so the profit margin is greattt. If it werent for that I just dont know. My other two are in sacramento, which does well when a nurse stays but after they leave the dry periods are brutal until another one finally comes. I have done more research and decided to go outside of california, its just not profitable unless you have multiple. Ive been looking in oakland due to the high demand for nurses  there and also Vegas for sure because of the high demand and low rents

Hello everyone, 

I have three STR's two that are on the furnished finder platform. I am currently looking to expand and gain my fourth that will also go on the furnished finder platform. I want to stay in the Bay Area as I have done research about high demand places and this is one of them that is close to me also. As I'm researching prices, I don't see how ppl are gaining profit! I see nothing under 23-2500. When I look on furnished finder I see nothing over $3000 that people are charging. So just to be sure, there's only going to be about a $300 profit right? assuming monthly expenses? I don't know why this is so hard for me to grasp that such a small amount of profit will be made. Especially because the work to set up is so strenuous

@Brandon Krieg ok ok I see! Thank you so much for this insight

@Brandon Krieg I haven't heard of this method before but it makes sense! This would probably be after you have done a few deals with the buyer though, you think? I doubt someone would do this when its their first time doing business with them?

@Nicholas Groover

@nicholasgroover yes yes they are title and escrow company are the same

Not a dumb question at all! You wanna do everything with an escrow company that works with wholesalers ( not all do). Regardless of which close you do, an assignment or double escrow, it should all be done through an escrow company. They will disburse the funds accordingly to everyone once they receive it from the buyer