All Forum Posts by: Tim Johnston

In my search for a Vacation Rental, I came across a off market collection of 7 cabins one one property. The current business model is they are run like a motel with a longer minimum stay. I'd like to operate more like a STR. They are only open 5 months out of the year and I think year round is a must.

I am new to STR and was originally going to figure it out with one then expand, but here it is and I really need to evaluate and do something about it.

Price is right at $1M

My take on MHK.  Rents are down due to overbuilding by large nice apartments.  Housing prices are flat at best but looking slightly better recently.    Short term rental does fine, (we had friends with a lake house that performed nicely).  NBAF is starting to hire so I expect there to be a general uptick in the overall economy.   Overall I’d say that Manhattan is a long term play.   I laughed when I saw on Biggerpockets had a list of the best zip codes for each state, and Manhattan was Kansas’ best market.   

As a car guy I have always thought of my vehicle as an extension of who I am.  That being said, after having paid off cars for years and a year ago bought a BMW X5, my lesson learned is that no car is worth a car payment.

Having a conflict, having to back out.

I’m planning on being there....

Thanks, I'll look them up.   It's sure nice to have a referral to start from!

I am looking for recommendations for a propert management company in Lincoln, Nebraska.  Multifamily experience is a must.

where exactly in central Kansas?