All Forum Posts by: Jordan Campbell

Hello,

I am having a hard time running my numbers for STR investments, because I don't currently trust AirDNA. Depending on the neighborhood or city, I am finding some significant revenue pockets that make the number work easily. A lot of the top producing comps have 90% occupancy, or no reviews, or terrible listing pictures etc. All of which make me believe the info is wrong.

What is your best advice to sort through anything that is skewed on AirDNA? Things to look for in the comps, people to talk to, etc. 

I would love to hear some people projections vs. actual revenue comparisons.

Hello, I am looking for any Non-conventional or portfolio lenders near Charlotte or Asheville, North Carolina for an STR

I could easily come up with 5 maybe even 10% down, I would just need a co-signer to qualify for enough to purchase a house in my market. At which point I wouldn’t be able to afford the mortgage unless it’s a phenomenal house hack. 
So, it seems like the best approach to taking action now is to buy in a more affordable market with a better rent ratio and not live in it, since the down payment isn’t as much the issue. 

Hey All! I am purchasing an out of state STR this spring, am trying to dial in my buying criteria, and need help understanding my options. With a low income and coming in with none of my own money, what are my financing options as far as partnering goes? I wont qualify for enough (Less than 150k I believe), so I will look into a co signer partner as an option. Seller financing or subject to seem like the best routes, but is there any point in those scenarios I would have to look good to the bank? And if I were to buy with all private money, how would that exit look?

Any pointers are appreciated!

Hey Tim!

I am part of a great PM team in the Boise area. If you would like to get in touch, feel free to message me or just use me as a resource.

Other than that, I wish you the best with your investing! 

@Shannon Witters congrats so far on your investing successes! I am with a Property Management company in Boise, so if you ever want to learn about us, landlording or need feet on the ground feel free to reach out and use me as a resource.

Hello Everyone!

I am fairly new and still trying to get the ball rolling with REI. I want to be a full time investor as soon as possible, but am fully aware this is not a business that happens over night. Currently, I live in the Boise / Nampa area in Idaho and am in good position to find a new job. I am most interested in the BRRRR strategy as I am looking for cash flow, but would enjoy rehabbing properties as well.

My main question: What types of jobs within the Real Estate Investing field would be best for someone like me to get the most useful experience possible? 

As I am trying to learn as much as possible, it would seem ideal to work directly with another local investor. I am not afraid to swing a hammer, but I am also hoping for exposure to the business / deal side of things. The more exposure the better, right?

To keep it short, I'll end it here in hopes of a good conversation. I would love to answer more questions about my situation to help you help me. Any advice is greatly helpful!

Best,

Jordan Campbell

@Aaron K. It turns out that the @ links do not stick around when copy and pasting, good things to know. 

That is good advice, I believe that will be my best strategy unless I partner with a local investor. is the FHA 203(k) loan a good route for a home hacked "flip?"

@Scott Hibbert by saying little capital I meant not enough for a down payment. I would likely be able to raise money for a down payment, however I am not qualified for a large enough conventional loan from the few banks I have talked to due to my income. I currently rent from a friend, and have definitely thought about househacking as well. Thank you for all of the great advice Scott, @Jonna Weber and @Aaron Klatt . I will most definitely go get Set for Life!