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All Forum Posts by: Amit Desai

Amit Desai has started 12 posts and replied 55 times.

@Michael Baum

thanks a lot for clarification as I am new to this business so trying to understand all terms related to real estate. I am definitely going in legal way for sure but wanted to make sure whatever I understood from online search is correct or not.

So, I should go with investment rates.

Is there any recommendation to get good investment rates? Specially for Florida area.

Thanks a lot Michael

@Andy Eakes thanks a lot for clarification as I am new to this business so trying to understand all terms related to real estate. I am definitely going in legal way for sure but wanted to make sure why I understood from online search is correct or not.

My goal is to make it as short term rental just like everyone does on Airbnb, VRBO etc.

Thanks a lot Andy

Hi,

I need some clarification on how does second home loan and investment/vacation rental loan work, because I have seen that mortgage rate for second home and vacation/investment property are different.

1) What should I choose because my goal is to make it short term rental property to get some passive income?

2) Is there a way to get lower mortgage rate for rental property?

Any inputs/recommendation appreciate it!

Thanks

Thank you Sofia for your inputs.  Appreciate it!

Sure Louis More than happy to talk.

Thanks

Thanks Paul for detail level explanation.

Thanks

Thank you John appreciate your input.

Frankly not understanding any of the thing Paul has mentioned in last post. 

Thanks Paul though for your time but I am new to this and understand simple language.

Thanks

Post: Vacation Rental

Amit DesaiPosted
  • Posts 56
  • Votes 22

Hi All,

I am new to this platform and real estate investment who is looking for a great advice on to choose location for vacation rental property. I live in NJ and open to invest near to NJ as first time investor, however if its good location with high occupancy scenario I am open to other location in USA.

Can anyone please help me to find good location?

I have been searching this STR and LTR since 2-3 weeks and struggling with decision to make on either on STR or LTR.

NOTE: I am new to real estate investor so my apologies for any silly questions I have asked here.

Thanks

Hi Luke,

Thanks for an advice. You mean I should get all information by searching topic in this forum?

Making my self clear on this if you can help.

Thanks

Hi Paul,

Thank you for responding back. I am new to this so not aware of everything my apologies. 

Can you please advice me on location for STR and LTR? or any other kind of advice.

Thanks

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