All Forum Posts by: Will Zena

Hi, I live in southwest FL which is very popular in the winter and fall. We get a lot of snow birds that come for the season. Any advice on how to approach buying rental properties in a seasonal area? Anyone with experience in my area would be great to hear from.

Hi, I live in southwest FL which is very popular in the winter and fall. We get a lot of snow birds that come for the season. Any advice on how to approach buying rental properties in a seasonal area? Anyone with experience in my area would be great to hear from. Thanks

@Will Barnard I guess it also goes back to the market and what it is offering as a "good deal". Thank you for the pro and cons. 

What form of investment capital would you recommend I research further before considering using equity?

Will Barnard I was referring to flipping in my above post. Thanks

Will Barnard As an experienced entrepreneur (novice REI) I agree. An investment for profit makes you an investor. Whether everyone likes it or not. I wonder do you recommend a novice invest in lower cost properties to start? Perhaps a condo or a smaller home? I know profit is profit no matter the size but I am just thinking it may help with the comfort level of a beginner with likely limited funds. How do you feel about using home equity on a first investment?

Keith Boley I heard in last weeks podcast that it is best to take many pics of the property periodically as you rehab it. What do you think about that?

I just finished reading this thread from beginning to end and have taken notes from @KeithBoley and a couple of others. Thank you for your insight and sharing your experience. 

Some great advise from all of you. Thank you so much. I am looking in to REI club meetings already. I will be looking into wholesaling as well. Perhaps that is a better way to start and build up some capital. I may be selling my current business so I may have some capital to leverage. But I like the idea of other people's money. I feel if I can focus on this business full time then I can accomplish more. It has been a passion for awhile now and I am finally ready to act on it.

Ryan Cameron thank you. I will certainly do some research on those topics. I am an entrepreneur and have learned not to just jump into things and make hasty decisions. I appreciate and value the opinions of experienced investors

Robert Langley thank you so much for referring the podcasts. I certainly will listen to them. I am a bit hesitant to use my home equity because that is our families home. I would hate to make a mistake and have my wife and child suffer because of it. Any recommendations on good funding options for a beginner?