FL Panhandle Investor

[Brian Grainger]

Hello BP,

Long time lurker, first-time poster. I'm Brian Grainger from Panama City, Florida. My experience started when I was a child, my father would take me to the 38 units he owned to work on maintenance problems. I have fixed everything from clogged toilets to grease splattered all over the wall to a motorcycle being dismantled in the living room and the tenants below complaining of black oil dripping from the ceiling. 

I have owned four primary residence houses and have had mostly good experiences with making money when selling. I owned a house in Biloxi which I netted $10k in 16 months, a house in New Mexico which I ended up defaulting on, and most recently was able to do a long-rehab-flip on my primary residence netting $73k. 

Within the past month, I have been able to get my wife on board with investing in real estate after frequenting these forums and talking about the various concepts with her. 

My plan is to buy and hold long-term rentals within the Panama City area. I may look at short-term vacation rentals when I retire from the Air Force and have more time to devote to that business model. 

I'm excited to get started in this business and have read a couple of Brandon Turner's books - though I'm now eager to act.

What questions do you have for me?

[David Baier]

Welcome @Brian Grainger!  

I am new to the BP community as well. I'm curious of what resources you may have found that elaborate on success with short-term vacation rentals. I as well have decided to focus on long-term buy and hold rentals but living in Orlando the vacation market is understandable very strong but I haven't been able to make sense of how to profit from it.