Anyone have some first hand experience with RADD/REIT that Dutch Mendenhall runs.

I’d love to hear from people on Long Island about your experiences!

If you do want to move forward with this property, one recommendation I would get is to find a local contractor with experience that you trust and have him advice you on the scope of work that may need to be done as well as the cost it would take.

But it could also be a coffee shop or an etsy store and the cash flow goes into real estate.

If you have that experience, you probably don't need much marketing, as sellers will be reaching out to you directly.Focus on securing one listing at a time and building momentum.

In my experience, a large percentage of them are fully functional adults that refuse to take personal responsibility for their lives, which is why they are receiving free rent from taxpayers instead of working for a living.

@Aubrey Eblin Thank you very much for sharing your experience with the Rent To Retirement Academy. 

Also, long term, I expect Sac will enact tougher restrictions on STR, given the intense housing crunch we're experience, so I personally don't expect that to a be a good long term strategy.

How was your experience?

I would love to hear from others doing flix and flip in NYC on their experience on doing this business.