All Forum Posts by: Andrew Lewis

@Julie Bellville

This is the best move for you! I leverage my commission on every property I purchase :-)

@Shannon Park

I’m a broker along the Alabama/Florida Gulf Coast and I can tell you that our tourism is booming and our price point is still a lower barrier than many other tourism destination spots. Generally speaking you will find great roi on short term rentals in addition to the massive appreciation we are seeing. Lastly, you can visit and stay in your own unit!

A return on investment you can enjoy 🤙🏻🤙🏻

@Kevin Taylor

As Eliot mentioned your core values should be in alignment with the brokerages’ core values. One of the owners of my brokerage is a savvy investor that owns short term rentals, storage units, and commercial buildings and being able to spend time with him and watch closely what he does allows me to mirror him and start making the moves he did early in his career. I think of him as my “rich dad” (rich dad poor dad). Our brokerage is very keep it simple stupid (kiss), be somewhat cautious about over training in real estate...while you are in class learning on how to make a perfect listing presentation other agents are out there knocking on doors to get the listing. Best of luck!

@Scott Davis Hey Scott, hope you got hooked up with a good agent on the gulf coast. I am a broker and help clients across the investment spectrum purchase condo and other assets for short term rentals. Would love to connect. DM if you need anything.

@Terry Matthews DM me if you are still interested. I am a broker on the Alabama Gulf Coast and we are seeing great numbers. Demand for vacation rentals is going up (post covid) and which is driving up rental rates and units are appreciating like crazy. Every investor I work with is different and we are finding what works for each one.

@Jason Jebeles I’m a broker on the Alabama Gulf Coast, I’m assisting multiple clients across the investor spectrum and everyone’s investing strategy is different. If you are still looking at vacation rental investing I’d love to answer any questions you might have. DM me if interested.

Andrew Lewis

Wise Living Real Estate

@Jay Hinrichs totally agree, I believe I am going the owner finance route if we can agree to terms

@Kristy Farmer sorry didn’t mean to submit before answering you. Yes I am on the gulf coast in Alabama. We are seeing some wild real estate market movement, low inventory and high demand. Our coast was impacted by sally but should see a spike in listing in the next few months with ban increase in prices (most likely). Mobile County is a great area for strong cash flow and Baldwin County is great for appreciation. Feel free to message me with any specifics on our market conditions.

@Kristy Farmer sounds like you have a goal and making great progress. Kudos to you!!

@Kristy Farmer hey, I see you didn’t get a whole lot of love on the original post. What ever happened with your lot development? Did you use a local bank or OPM?