All Forum Posts by: Keith Jablonowski

It would be great to have a comprehensive list of those mentors that people here have had success with.   Seeing the differences between a mentor with thousands of students like Rod, Brad, Grant and more of a 1-1 mentorship would be interesting as well. 

Awesome, thanks for sharing!

That is $100-200/door profit per month, so a 10unit would bring $1000-2000 profit per month after all expenses, debt, etc.  This is just a guideline of course and much more goes into evaluating a property.  But if you can't make at least that per door with some quick calculations then usually time to just move on to evaluating the next property. 

I received 5 texts just today, obviously from some sort of automated system as the messages were identical but from different names/numbers.   As an owner I find it extremely annoying and would likely never entertain selling to someone through this type of marketing.  I am on no call lists yet still get these.  Not the opinion you were looking for, but might be good to get feedback from the people who would be receiving these messages as well.

Hello, looking to expand our portfolio into vacation rentals. All of my current investing has been full time rental SFH/Duplexes. Want to begin with 1 property that our family can use 4-6 times/year and list it the rest of the time. Ideal areas would be S WI, N IN, SW MI (withing 2.5 hrs of Chicago). Where can I find the best resources to research supply/demand on Vacation rentals specifically? Do VRBO/AirBnb offer research information to potential landlords? Looking for something with some year round demand though I realize there were be higher demand periods no doubt. Also prefer not to manage ourselves, so need to be able to research the availability of local management in any area.

Thanks in advance.

Keith

I am a little confused by your description.  1st sentence, owner is asking 4 million.  Last sentence, owner is asking 3.6 million.   In your calculation you state purchase price as 3 million.  Which is it? 

Out of State, 1st time investor. I would stay far away from 60628.  That area needs a seasoned, hands on landlord I would strongly advise against looking at this area and Chicago in general for your 1st property.  Where are you located?  

Well, that's not 100% true.   I got my 1st $100K to invest working my butt off for someone else 45-55hrs / week.   I would want to avoid repeating that until retirement and that's why I am here.   Now if he made the 1st $100k through investing then I would agree for sure.  

@Nate Anderson  Don't see a link to the article you mention.  Can you post that or send in a PM?