All Forum Posts by: Brandon Carlson

@Laura Kastner

https://www.airdna.co/blog/bes...

@Laura Kastner

Hi. As far as determining which STRs are top performers, you can use tools like Pricelab and AirDNA. My suggestions are to pick markets close to you unless you plan to use a Property Manager that specializes in STRs.

You can speak with your lender to assist you with the appraisal gap as far as winning bids. I recently represented a buyer and the appraisal came in $18k light. The lender adjusted my client's downpayment to make up the difference. By doing this, it didn't affect our escrow and my client didn't have to come up with the difference. Another strategy is your agent can negotiate with the sellers to see if they can make up the difference or meet you in the middle. 

@Eric Tapia I would suggest driving around the neighborhood at night, specifically after 6 pm. This will give you a good idea of the neighborhood once your neighbors are home. As far as the homeless, that may be out of your control.

Good Luck. 

@Joseph Lane I believe the new CA RPA has a clause for wholesaling.. 

@Kyle Eckert would you know if the tower groves and benton parks allow STR?

Thanks

@Clay Boykin I have been researching STR in St. Louis. I have heard mixed reviews, but as you know, with anything new, people are biased.

What areas are you bullish on?

Thanks

@David I. Kelch @Jimmy Johnson send me a pm with your emails. 

@Brandon Boyce What areas are on your radar? If you are in SoCal, I can make some recommendations. 

@Zachary Stanley I saw on Yahoo Finance that tech companies are offering $10k of bitcoin if they relocate to Fayetteville. It seems interesting...