All Forum Posts by: William Silva

Really insightful perspective. Thank you for this! 

Hello BP Community,

I've managed to save up around $90,000 to invest in my first rental property. I live in Miami, FL and don't want to buy here since prices are incredibly high.

I want to invest in growing communities, not exactly sure if I want to buy an AirBnb as my first out-of-state investment or 3-6 month short term, or a 1 year+ property. Also not exactly sure which state I'd want to invest in.

Questions for you who do this successfully:
1. What has been your favorite state to invest in? (some of my own research: Georgia, SC, NC, OH, TN)

2. What is your favorite renting strategy in that state? (Airbnb, short term rental, 1year+)

3. I know I have more questions but I've drawn a blank... I'm sure with your responses, I will generate more questions.

Thank you for all the help! Gd bless

Note: I'm a licensed Realtor + MLO in Florida.

@Joseph Bui I'd love to ! appreciate the help send me a DM

@Marie Thomas

Thank you for that insight! Is CT located near where you reside? Did that help choosing that specific location?

Are these condos, single families, multi-units?

Hello BP Community,

I've managed to save up around $90,000 to invest in my first rental property. I live in Miami, FL and don't want to buy here since prices are incredibly high.

I want to invest in growing communities, not exactly sure if I want to buy an AirBnb as my first out-of-state investment or 3-6 month short term, or a 1 year+ property. Also not exactly sure which state I'd want to invest in.

Questions for you who do this successfully:
1. What has been your favorite state to invest in? (some of my own research: Georgia, SC, NC, OH, TN)

2. What is your favorite renting strategy in that state? (Airbnb, short term rental, 1year+)

3. I know I have more questions but I've drawn a blank... I'm sure with your responses, I will generate more questions.

Thank you for all the help! Gd bless

Note: I'm a licensed Realtor + MLO in Florida.

Hey @Nicholas L.

thanks for the feedback. I'm no longer in the position to house hack, I currently own my SF property here in Miami.

I like the idea of SC, NC - But my question still persists, if I choose one of the two, I'd like to hear some feedback from people who are in those states and which strategy they find works best.

Thanks!

Hello BP Community,

I've managed to save up around $90,000 to invest in my first rental property. I live in Miami, FL and don't want to buy here since prices are incredibly high.

I want to invest in growing communities, not exactly sure if I want to buy an AirBnb as my first out-of-state investment or  3-6 month short term, or a 1 year+ property. Also not exactly sure which state I'd want to invest in.

Questions for you who do this successfully:
1. What has been your favorite state to invest in? (some of my own research: Georgia, SC, NC, OH, TN)

2. What is your favorite renting strategy in that state? (Airbnb, short term rental, 1year+)

3. I know I have more questions but I've drawn a blank... I'm sure with your responses, I will generate more questions.

Thank you for all the help! Gd bless

Note:  I'm a licensed Realtor + MLO in Florida.

 Thanks for the feedback. Do you have a preferred based on experience?

Hello BP,

Hope you're all having a wonderful start to your new years. In this new year, I plan on obtaining more listings.
When I first got my license several years back, I believe I was using Mojo and would dial out hoping to set some listing presentations. I got a few and successfully sold them. 

What software are people using in 2023-2024 to contact FSBOs/Expireds to pick up some listings? or maybe what you think is a better suggestion, I'm all ears.
I'm thinking of doing like 2-3 hours of calls in the day, and door knocking in my neighborhood with my business cards.

@Dawson Brewer Hey Dawson,

What software do you use to dial for listings? or what sort of marketing do you do to acquire listings?