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All Forum Posts by: Andrei Zharov

Andrei Zharov has started 1 posts and replied 4 times.

Post: Vacation home + STR in SW FLorida

Andrei ZharovPosted
  • Rental Property Investor
  • Lexington, MA
  • Posts 5
  • Votes 3

Thank you for your feedback. You are correct in noting that Cape Coral currently lacks access to sandy beaches since the Yacht Club is closed for rehabilitation. Based on your points, I have decided to redirect my attention to Bonita Springs, Fort Myers Beach, and North Naples instead. Given the high demand for contractors and the lengthy and complex permit process, I will also be adjusting my search criteria to exclude rehab houses.

I am flying down to Fort Myers next week and plan to spend a week there checking properties.

Post: Vacation home + STR in SW FLorida

Andrei ZharovPosted
  • Rental Property Investor
  • Lexington, MA
  • Posts 5
  • Votes 3

Hey fellow BiggerPocket investors! I would appreciate your help identifying the best short-term rental property acquisition strategy in southwest Florida. I am particularly interested in properties located within 1 hour of Southwest Florida International Airport and within 30 mins walking distance to the beach. Ideally, the property should have a private pool and no HOA. The areas that I am considering are Cape Coral, Fort Myers, Bonita Springs, Naples Park, and Marco Island. However, I am open to any other suggestions that you may have.

I would also like to know if it is safe to buy a home that has been refurbished from the hurricane. Or, would it be better to buy a rehab property and connect with local contractors to restore the house from the damage?

My budget is between $600K and $1M. I will be traveling to Fort Myers in mid-April to see the houses. I should also mention that I am not handy regarding property condition assessment and the local cost of repairs (everything is expensive in Mass, but I've heard in Florida it costs much less). So, I would like to know how much it would cost to repair one of those houses with drywall cut off from the walls after flood damage.

My goal is to use the property as a vacation house and use short-term rentals to help it pay for itself. Any advice or suggestions you can provide would be greatly appreciated.

Post: Better areas to invest in the Greater Memphis, TN area

Andrei ZharovPosted
  • Rental Property Investor
  • Lexington, MA
  • Posts 5
  • Votes 3

@James Martin Can you share that map with me please? Thanks.

Post: Real Estate License

Andrei ZharovPosted
  • Rental Property Investor
  • Lexington, MA
  • Posts 5
  • Votes 3

Hey Jeffrey, how did it go? I've heard that in Mass you as a real estate salesperson have to work quite some time for a broker and pay all sorts of brokerage fees to keep the relationship and be able to close sales. Do you think it was worth the effort and the money getting the license 5 years ago?