Hi my name is Samantha Paparo and I am new to this site today. I am an online coach full time and I live in Marina Del Rey, California. I watched my dad growing up generate millions of dollars through real estate, but I never developed the knowledge he did. I want to learn and grow through this platform and hopefully get the chance to meet others doing the same thing in my area. I am currently have been subletting, I am in 3 leases total and rent out the other 2 through air bnb. The profit margins are amazing here in Venice, CA and I want to be able to own my own building about 4 units and do air bnb out of it. I have been running these ones for over a year but I want to have my own building. If the property is around $1.5 million, would I need to put down 7% or more? Has anyone done or do air bnb currently? What could be the next steps if I want to move towards this?
Hey Nick thank you for the response. I would love to get in contact with a lender. I know of someone who might but I need to show them the numbers for it make sense. I have been doing this for awhile and my goal by this year is to own my own property. Would you be interested in meeting or speak to you over the phone?