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All Forum Posts by: Luke Carl

Luke Carl has started 175 posts and replied 4103 times.

Post: Hot Tub Servicing Sevierville

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Nancy Bachety I would ship a Weber to your cleaner from amazon. OR ask him/her to pick up one of the red/blue $50 jobs at Lowes or Walmart and throw her a $20. OR grab a provider on the TAKL app. 

Post: Short term rental property management company?

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Vicky Li everyone on this forum will suggest self managing. YES you can do it from another state. I’m happy to help as my book is still yet to be finished. 

Otherwise use Turnkey or Evolve 

Post: book suggestions on vacation rental property investing?

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Shawn Arvin jr    I've been working on a book for a while. It's not done. Can get the same info from talking to me for an hour. And of course as big john says.... search the forum and you shall find! 

Post: Walkout Basement/Garage Apartment Nashville TN

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Elijah Radford you’re about 7 years too late on Nashville appreciation. Move on. I have experience and I live here. You can trust me on this. 

Post: Walkout Basement/Garage Apartment Nashville TN

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Elijah Radford Nashville is one of the hottest markets in the world. There are of course exceptions to this rule, but cash flow and Nashville do not mix. I’ve got 19 doors and gross over 200k per year with JUST my 5 STRS (which are not in Nashville) and live 1/3 of my life in Nashville. Look elsehwere. Memphis has cash flow. 

And hit the vote button ;) 

Post: Separate entities to manage vacation rentals?

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Vee L. going to need more details here. Assuming the ones you already have a paid for no mortgage and they're owned by an LLC that shows a profit on annual taxes. Yes?

Need more details and not a lawyer but no you don’t need more LLCs. 

Hit the vote button ;) 

Post: Chattanooga, TN First Time Investor

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Brenda Jean Adamson let me keep frowning. They make me smile :) 

They can be the rain and I’ll be the parade 

Post: Just starting out with a short term rental, 2nd home.

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Account Closed Dude first of all Arbitrage has nothing to do with getting your first property. It's someone else's property. 

And second, telling people they're stupid on the internet is no way to get ANYONE to subscribe to your Brian Page rip off website. 

Where is @Paul Sandhu when you need him

Post: Las Vegas Investing advice - new to area

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@Taylor Stow STR isn't legal in Vegas. Hard no. Or is that a hard 8? Double down. Just not in Vegas.

Post: Chattanooga, TN First Time Investor

Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Posted
  • Rental Property Investor
  • Tennessee Florida
  • Posts 4,236
  • Votes 5,689

@David Olson Chattanooga has a TON of duplexes. There are a lot of neighborhoods that are made up of nothing but duplexes. Most of them built 50s-70s. Low income tenants. Low income isn’t for everyone.