All Forum Posts by: Tim Haas

Hi Everyone! I'm new to the BiggerPockets website/forum and have limited experience in real estate. From everything I've seen, heard, read, watched, etc., this looks like a fantastic community, and I'm excited to be a part of it!

For a quick history, I've bought, flipped, and sold seven properties and am minimally experienced in short-term rentals. I am looking to diversify my portfolio further and would like to do so through real estate... specifically buying and renting (short-term or long-term). I live in a College Town with great potential for both types of rentals. That said, I've begun looking in my local area and have had two opportunities present themselves that could be bought and flipped, by and rent (long term) or by and rent (short term). I would pay for the property and the rehab with cash (as opposed to any financing).

Before making the purchase, I wanted to reach out to the community and gather any insights, feedback, etc., from people like you who are much more experienced than me in this realm. What are some of the things I should be looking for and considering before making this type of move?

Thank you so much, and I look forward to being a part of and contributing to this community!