All Forum Posts by: Kelly Stanton

We have fortunately had an opportunity to purchase multiple homes off market that we plan on flipping. We have multiple investors for each project. Our initial plan was to create an LLC for each project, open a chase business account, and have a separate credit card for each account/project in order to keep the financial stuff tidy. However, after some more thought we realized once we scale this having a separate business account and credit card for each project seems a bit clunky and overwhelming. Does anyone have any experience with this or any suggestions how to better handle?

 Nate, how are you feeling about rental markets in Tulsa right now? 

 That's fair. My thoughts are if we could cash flow even a couple hundred dollars in that area, there is exponential potential for rental demand that could drive prices up. My understanding is that the Tesla plant is currently only operating at 1/3 of operating capacity, so many more prospective renters moving to that area soon. 

 How do you feel about new developments out east by the airport? I've been hearing a lot a new "plans" for Tesla, Boring and potentially SpaceX that could increase rental demand in the area. Could take a while though. 

Nicholas,

We currently own a primary residence and this would not be our first investment property. One unit we are looking at is a new townhome in East Austin around $275k-$350k with a $75 HOA.

3BR, 2.5BA - As far as I know the HOA does not prohibit any STRs, but that is something that is definitely worth looking into.

What is the sentiment around investing in duplexes or townhomes in this market? We've found a number of new developments that have reasonably good prices, but are not feeling all that confident that it will be a good long term investment that will appreciate vs a single family home. Any thoughts?

Is there somewhere I can see where all future meetups will be?

Good to know, thanks Connor.

Are these monthly meetups? Would like to attend, but may not be able to make it this week.