All Forum Posts by: Ben Scarborough

 Thanks Ben! The two rental properties are all set, with a PM in place. So I'm hoping everything will go smoothly. I would like to make a correction, actually, they are in Foley, not in Gulf shores.

 Thanks Melissa! I just bought a couple of turnkey properties in the Gulf shores area, so I'm all set for now. I'm planning to buy more in the future but probably in Florida or Texas.

Hi Ben,

We were previously under contract with a cabin near Helen, GA but pulled out before the due diligence deadline.  We literally just went under contract with a property within 7 minutes from our home and although the property required us to put more money down and more sweat equity needed to get it up and running, we feel like we can get more renovations done ourselves and save some money so the CAC will be better once we get established.  We ran our numbers conservatively as AirDNA showed really high numbers for the property.  

We are also thinking about the amenities and how to differentiate ourselves.  We noticed our market basically had properties that looked nice - like a hotel.  We are brainstorming ideas on having wall murals, or themed rooms in the house that are relevant to the area, etc to stand out with our interior design.

Bien

Hi Everyone!  I'm excited to be here and learning more about real estate investing.  I currently work full time in HR, am a licensed real estate agent in Georgia and South Carolina, and my husband and I hope to buy our first short term vacation rental property by end of the year.  We hope to have 3 properties in 3 - 5 years and may also consider mid-term rentals.

I love all the calculators, and LOVE the podcasts.  I've been listening to the podcasts for the last 2 months, and re-listen to them!  I learned some of the information during my training for my real estate license but it is hitting me differently now.  AND there is so much information that I am trying to absorb.  

We are currently looking at cabins in North Georgia, and considering beach condos in South Carolina.  We are staying focused on the numbers and not getting too emotionally attached to the properties.

A huge thank you to all those involved in the podcasts and the guests.  I'm learning so much!  Would love to connect with folks in the group!

Warmly,

Bien Nguyen
"B.N. Win"

Having some "challenges" with my vacation rental PM.  Anyone co-host in Panama City Beach or have a good recommendation?  Either someone who does all the cleaning as part of their service or has a relationship with a good cleaning company would be ideal... thanks!

Hi,

I currently have 150K and want to start investing in local markets, ideally midwest. I have looked into Ohio, Arkansas, Alabama. Im looking to connect with investors and agents whom transact with out of state investors. Buy box is single family, duplex, triplex, and quadplex, open to light cosmetic rehab, close to 1% rule in terms of rent. 

Lets connect!

We sold our SFH rental last year and want to jump back into the rental game.

We live in Massachusetts and entry points are high. With that we’ve been looking out of state.

my wife did a travel contract during Covid, living in Biloxi and working in Gulfport. I was intrigued by the market and it appears you can get into SFH relative cheap. Keesler Air Force base being near by was what peaked my interest, as you'll always have steady renters.

We’d like to do section 8 or military. The idea of buying out of state seems overwhelming. I have reached out to multiple realtors in the area and most have been unresponsive or not very impressive.

How are you all making your connections and building a team outside of your area? Any other tips for doing the out of state thing? Any of you in the Gulfport market?