All Forum Posts by: Christine Brown

Thank you all for the advice! I'll definitely look into all the recommendations, and perhaps approach with a new strategy. I definitely understand it's not a get-rich-quick deal but a long-term model. 

@Ken Boone this is definitely great advice! Thanks so much!

@Joseph Sauer hi Joseph! Thanks so much for the info and guidance. I have considered partnering with another investor, but wanted to look into all possible avenues as well. I definitely look into the vacation home loan too; thanks so much!

@Robert Masucci thanks Robert! This definitely helps and gives me additional avenues to explore. I'm absolutely excited to jump in and more than ready to take on the responsibility of being a landlord. 

@Mike Grudzien nope not a bot! Just learned about this platform this past week and am eager to seek the advise of experienced real estate investors. 

@Mike Grudzien hi Mike! That was a poor choice of words - I am currently pinching pennies to save every little bit I can (I.e. I'm not looking to get into this without personal investment), but at the rate I'm able to save, it would be a few years before I likely have enough due to family expenses. I'm not willing to uproot my 3 boys to house hack, and with 2 toddlers and a 60hour per week job, I can't house flip right now. But I'm not willing to just give up because I've hit a roadblock, so I was looking to this community to see what other options there may be, given I am just starting out and not nearly as experienced as a majority of folks on this platform. 

Hi all - I've done a ton of market research, started developing a business plan, and have identified a few key areas that I'd like to invest in initially. However, I'm running into a major hiccup - I don't have enough saved for a typical down payment (in fact, I'd say I only have around 5%), but I am eager to jump in without spending the next few years pinching pennies to save up for the traditional 20% down payment. House hacking, BRRRR / flipping aren't an option for me at this time; are there other options that I can look into to purchase my first STR with no / low money down?

Thank you all so much!

Hi all, I'm about to purchase my first STR in Texas through my LLC (and I live in California). How do I "cash out" my cash flow from the property when the time comes, and not lose it all to taxes?

(A quick note - I'm planning on reinvesting most of the profits, but this question is specific to anything I want to keep personally as supplemental income)

Hi all! I'm looking to purchase my first STR in Texas and am wondering how much I need to set aside for completely furnishing it?