All Forum Posts by: Javier Santana

Pretty important if you are using for STR. Think about all the potential hazards that someone can sue for damages, then multiply that by 2 for all the unforeseen risk hazards. You don't want a attorney coming after you personally. Risk management! Let the LLC be on the front line.

Then of course you get real estate tax advantages. 

@Bahman Ghashghaei not bad advice, just a different opinion. If you want to get deals locked in easier, probably better to go straight to the listing agent. One line of communication, and gives the listing agent the incentive to get both sides of the deal. Again if you know what you are doing.

Condo hotels,

One being built right now near Disney with Under Construction Pricing. Gonna be a very good looking building, with really good land value underneath. 

Message me if you want to know more 

Good post, 

At the end of the day its all about how your building is performing! 

Need to be able to find the spread between what it is now, and what it can be for X price. 

Ive noticed big investors just wanting simple returns that meet their investing risk criteria, and really good bones. They are willing to pay low caps

Get a Mold Expert in there, with the best reviews. Take his advice and do as he says. Need to get that problem knocked out

Yes you can, talk to your lender and ask them how, and if you qualify for something else 

Before you do anything real estate investing, please just take a 6-12 months just learning on what you want to do. 

If you know what you are doing & how to find properties, you don't need a realtor. You can work directly with the listing agent. 

But if you never bought a house before it will benefit to have a realtor show you the way.  If you choose to use a realtor as your agent, make sure you give them your commitment that you will use them, and that you will also be on the look out for homes. Many first time investors emerging into the scene won't buy anything for years to come or ever, so realtors tend not to take them seriously. With that said make sure you have your financing in place, or beautiful cashhhhh, the good deals don't last long so you have to shoot first ask questions later. 

Its takes time, like all sales business. I wouldn't stress about immediate success because it will be mentally draining. I suggest you treat it like a side hustle. Learn as much as possible, consistently post on social media, and if you have any open house opportunities I would take advance of them any chance you get. 

Use open houses to get infront of both buyers & neighborhood sellers, and base your out bound prospecting around the open house, just getting your name out consistently. It will also help you gain skill when dealing with clients, and how convo flows go. 

Pick a niche, or a small geographic location that you can constantly work, like a downtown which has a lot of people packed in a small area, and plenty of social content opportunities. Become a expert in something.

If you consistent on your activities, no matter how big or small, you will start to get results over time. Couple years down the line you will have more skill, people will know you are in the business, and start developing a solid pipeline. 

@Aaron Oetting yea I've run some numbers in the ones in Florida, and the returns aren't that good, but then again not really doing much. Kinda equals out

Makes sense. I can see pros & cons with them

I wonder if these have to directly compete with the big hoteliers, which adds another level to think about.