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All Forum Posts by: Jonathan Stevens

Jonathan Stevens has started 24 posts and replied 75 times.

Post: Best vacation rental market

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

I took the plunge on my first rental in the Smokies. I live 1000 miles away. No matter where you plan to buy, seek out experience and build your team. Join local FB groups on the area that you choose. You will gain so much knowledge and advice from the locals. 

Post: Purchasing a motel in Eastern Tennessee

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

I am interested in exploring purchasing a motel in the smoky mountains and wanted to make some other connections down there who have experience in doing this. I currently own a STR in Sevierville but want to expand in other areas. Thanks!

Post: Buying STR in Smoky Mountains

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

I purchased a 2bd 2ba in Sevierville about 3 miles from Dollywood. I paid 425k in October 2021 and I still had to put about 50k in updates and furnishings to get it listed. Not sure what you will find for 200k unless its a condo. 

Post: Low Income Housing Connections

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

Hey everyone,

My name is Jonathan and I'm looking to get involved in low income housing in my area(Massachusetts). I want to connect with other owners who have done this successfully and even meet up if we are close enough. Currently I own a STR in Tennessee but am looking to also own multiple long term rentals. Also looking to acquire properties using seller financing for deals.

Thanks!

Post: Affordable housing in MA

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

I'm looking to connect with property owners in Mass who have successfully invested in affordable housing. My goal is to get into the affordable housing space. Let's connect!

Post: 1031 exchange trading up from single family to 5 unit

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

@Bjorn Ahlblad thank you! I've been approached multiple times about my cabin and I'm considering selling it but only if it makes sense.

Post: 1031 exchange trading up from single family to 5 unit

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

I'm looking to sell a single family in the smokies and wanting to do a 1031 exchange into a larger multi family. I'm wondering if this is even possible and if so can anyone give me insight if they have done this? Thanks

Post: Heloc on Heloc on Heloc forever?

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

I am also aiming at doing a HELOC for a down payment on seller finance deals. Looking for options in Massachusetts.

Post: Underwriting Multi Families

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

Hey everyone, looking for recommendations on underwriting multifamily properties. I want to learn how to create my own spreadsheet to analyze properties so that I can bring value to future partnerships. Thanks!

Post: What kind of welcome gift do you leave for guests?

Jonathan Stevens
Posted
  • Rental Property Investor
  • Attleboro, MA
  • Posts 80
  • Votes 56

@Nathan G. I leave them the door code