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All Forum Posts by: Jeff Oberts

Jeff Oberts has started 15 posts and replied 50 times.

Post: Lake house / Cabin short term rental

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16

Thank you, everyone!!!

@Michael Baum, I appreciate all the insight!  I was unaware of dock policies, but we'll be sure to bring that up to our agent.  Also, we were aware motorized watercraft was a HUGE liability (looked into this extensively!) but wasn't sure how a kayak or two would affect our premiums.  I guess we have some things to discuss!

Post: Lake house / Cabin short term rental

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16

@Ken Latchers, all great suggestions, thank you. Yes, I am shifting my focus back to STR. We scaled up rather quickly in LTR and kind of put STR on the back burner, but the time has come to refocus on STR investing.

Post: Lake house / Cabin short term rental

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16

Are there any items within the home that you'd suggest we provide that may be specific to a lake home?  For example, we were thinking on providing kayaks, do you believe that would be a good idea?  Thank you!

Post: Lake house / Cabin short term rental

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16

@Lucas Carl, hi buddy, been a long time! I'm back in the STR game after switching over to LTR stuff the past few years. I guess I'm just wondering if anyone has suggestions specific to waterfront properties...if that makes any sense! Thanks!

Post: Lake house / Cabin short term rental

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16

Hi guys!  I currently have a lake house under contract in Wisconsin that we will use as a short term rental when my family is not there.  Does anyone have a lake house / cabin short term rental, and if so, care to share any tips, information, suggestions etc.?  

Thank you!

Jeff

Post: Hard Rock Casino coming to town...what to do???

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16

@Tyler Gibson

Thank you! I completely agree. Jeff

Post: Hard Rock Casino coming to town...what to do???

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16

It will be announced shortly that a Hard Rock Casino is coming to my hometown in Northern IL with development beginning almost immediately. How would you all, as REI, capitalize on this opportunity? My first thought was to set up a few short term rentals or rental arbitrage some units in the area. I would LOVE to hear what you guys would do in this situation!

Thank you,


Jeff

Post: New Member from the Midwest

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16

Welcome!!!

Post: Banks / Lenders in Rockford, IL

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16

Jessica Rielly (aforementioned) or Kelly Pospischil at Blackhawk (Belvidere)

Post: Wholesaling/ beginning real estate investor

Jeff ObertsPosted
  • Rental Property Investor
  • Loves Park, IL
  • Posts 50
  • Votes 16
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