All Forum Posts by: Katie Haman

@John Underwood can you please explain the difference between a vacation rental and an Airbnb?

@Jeremy Tallman did you ever get any information regarding this area from other forums? We are also considering because we love it there but also saw the area has become saturated and decreased bookings.

Hello, I am an out of state investor and looking to get some information on the growth potential of the Asbury, MO community and surrounding areas. Are any new companies or developments coming to the area? What is the down and dirty in Asbury, MO?

Thanks!

@Colleen F. Oh I wouldn’t even approach them until well after they have discharged from the agency and even then it would probably be through direct mail, instead of a personal phone call.

I am new to all of this and work in home health. Just wondering, are there any home health employees that use this line of work to also scope out houses? I know that it would be horrible and grounds for termination if I tried to buy a house from a patient that was on caseload, BUT are they fair game after discharge?? How soon after discharge? Has anyone done this? Clearly we see the insides and there are many homes I think, hmmmm...this might be a good one but also not trying to prey on vulnerable people or something, since I know their situation pretty well. I wouldn't use my name on anything and would probably send my husband out to meet them. Thanks!!

I am new to all of this and work in home health. Just wondering, are there any home health employees that use this to scope out houses. I know that it would be horrible and grounds for termination if I tried to buy a house from a patient that was on caseload, BUT are they fair game after discharge?? How soon after discharge? Has anyone done this? Clearly we see the insides and there are many homes I think, hmmmm...this might be a good one. I wouldn't use my name on anything and would probably send my husband out to meet them. Thanks!!

@Ben Morand that’s some awesome enthusiasm and you are definitely motivated. I haven’t read all the comments, but you should definitely have more in your reserves than $4,000. Unless your parents will assist, you should have around 3 months of rental income in your pocket, especially if you don’t have a steady income yet.

Living in a college town is great and you could consider a house hack first with buying a house and renting out rooms to roommates? Reading about owning a property (primary or rental) and owning one are two different things. A lot of unexpected can come up that you didn’t even think about.

Keep that fire in you and good luck!!!

@David S.

Right, and if we knew the what we know now we would have bought it for the original price of 130k and flipped it ourselves, thus having a larger cash flow once we decided to move out. But like I said, we were newly married when we bought it, lived in it for 7 years before turning it into a rental. Just pointing out that the Reisterstown area has a good rental market for cash flowing properties.

@Ryan Gandy Reisterstown is a great area for rentals. We have one that we bought it flipped as first time home buyers for 265k put in about 15k and lived in for a few years. We were able to cash flow $280 a month.