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15 January 2025 | 5 replies
Would love to connect and be a resource to you anyway that I can - I'm a realtor, and investor in the area and have some tips & tricks you can implement into your business and see if it helps!
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14 January 2025 | 25 replies
I would only recommend purchasing items that fall into that vision.
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6 February 2025 | 3 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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29 January 2025 | 8 replies
I highly recommend you start going to meetups.
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4 February 2025 | 10 replies
Some will follow staff recommendations almost all the time .. others will not..
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12 January 2025 | 8 replies
It is surprisingly easy to manage out of state and if you want more tips on how, check out Bigger Pockets book "30 Day Stay" on Mid Term Rentals.
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29 January 2025 | 2 replies
We don’t know any PMCs to recommend in the Cape Coral/fort Meyers area, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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3 February 2025 | 6 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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5 February 2025 | 14 replies
I would recommend opening up a brokerage account with Schwab, Fidelity, Vanguard or any other large firm like this.
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7 January 2025 | 13 replies
To get started - I’d recommend connecting with local STR investors and researching Hawaii’s regulations.