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All Forum Posts by: Kurt Traynor

Kurt Traynor has started 19 posts and replied 129 times.

Post: Hello

Kurt TraynorPosted
  • Investor
  • Moseley, VA
  • Posts 144
  • Votes 59

@Michelle Bell

Michelle, not sure where you looking to purchase  but just a suggestion, if you are looking for smaller, inexpensive homes, I was in Crystal River area a couple months ago and homes are still affordable.  Not like down here in Manatee and Sarasota counties.  I looked at a 2/2 on a canal for $129k!..   I almost bought it just because!!...  there's a decent fishing community in that area so that is who I would market too for seasonal rentals.

Good luck on your search.. 

@Aaron T., i'm in the same boat.. waiting for Anna Maria/Longboat to settle down a bit..  prices are inflated right now.  Owning a vacation rental is in my plans..  I live about 45 minutes West in the "Country" and need a nice Island house to enjoy in the summers, and rent it out during season.

Post: Learning to Flip and Hold Real Estate

Kurt TraynorPosted
  • Investor
  • Moseley, VA
  • Posts 144
  • Votes 59

@Reddrick Whatley

welcome to the site.  There's a Meetup in Palmetto at the BYC on Tuesday afternoons.  I was there a couple weeks ago, but they ended up cancelling due to construction of the dining room.  I did however, bump into a few people in the parking lot and they spoke highly of the group.  I plan on attending soon, when I'm not traveling for business.

Good luck..  i'm sure we'll bump into each other out in Bradenton area groups

south of the Skyway here...  Not like Parrish will ever make a sub forum, hahah.   Just saying hi

Post: How People Acquire Over 10 Properties a Year

Kurt TraynorPosted
  • Investor
  • Moseley, VA
  • Posts 144
  • Votes 59

great post @Jacob Dame, my 13 year old is now reading it...   ThxπŸ‘πŸ»πŸ‘πŸ»

Post: New Member From Florida

Kurt TraynorPosted
  • Investor
  • Moseley, VA
  • Posts 144
  • Votes 59

@Brian Bracey I fell into it before I got into it.   I bought a short sale a year ago and tried to sell the house I was living in.   Since I didn't want to give It away and I only had 12 years left on the mortgage we decided to rent it. Monthly it's a negative cash for me but my amortization on the mortgage is about a $1100 monthly appreciation so selling would have been a loss but holding was a win..   

Since I'm a weekend handyman my first interest was flipping but long term for me is buy and holds.  Goal right now is 5 units with one of those being a vacation rental on Anna Maria...  I'm working on the nest egg so I can put 20% down on the next unit, most likely next summer

Post: New Member From Florida

Kurt TraynorPosted
  • Investor
  • Moseley, VA
  • Posts 144
  • Votes 59

@Brian Bracey welcome to the site.   I live in Parrish with a rental here as well.   Listen to all the podcasts. I'm up to about 45 now. Great info..  See you around the site or B'town sometime.  

Post: Using my 401K to Rehab/Flip Houses??

Kurt TraynorPosted
  • Investor
  • Moseley, VA
  • Posts 144
  • Votes 59

@Kenneth LeBeau

Following topic.  

I'm not in the position financially to buy another property so what I did was borrowed against myself 401k at a low APR, and will be withdrawing that money for a future deposit on a property. Sounds like you are needing for immediate use.. Good luck, post your decision.

I'm just a Newb but interested in buying a fly on the wall.   I'll buy the first round!!

good deal and good wholesaler...   That's a win/win!   Thanks for the feedback @James Clark.   

Nice work @Gary Ennis, light and bright...  Good luck, looking to get involved with vacation homes here on the Gulf Coast of FL soon