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All Forum Posts by: Mattias Srolis

Mattias Srolis has started 1 posts and replied 5 times.

Post: Real estate beginner

Mattias SrolisPosted
  • Sarasota, Fl
  • Posts 5
  • Votes 0
Originally posted by @Dylan Eldred:

Hi Mattias. You might also want to consider looking for a single family home and renting out the rooms. My wife and I have are doing this renting out our 3 spare rooms on airbnb and it has been great. It might be a bit easier to find a SFH in your price range.

So you recommend purchasing a SFH and rent Out rooms on Airbnb? I'm sorry for my ignorance On short term rentals, how long do people stay and booked are on a monthly basis. Enough to cover the mortgage plus some?

Post: Real estate beginner

Mattias SrolisPosted
  • Sarasota, Fl
  • Posts 5
  • Votes 0
Originally posted by @Jeremiah Taylor:
Originally posted by @Mattias Srolis:
Originally posted by @James De Leon:

Hi @Mattias Srolis,

You don't need very much money to start in real estate. Depending on what market you're in, you can get a house hack situation for as little money as possible. If you have any specific questions I would love to answer any you might have. Good luck!

I have a lease on my apartment till next June, so house hacking will have to be put off, what way do you recommend to get started in real estate investing with little money. I would do an FHA loan but I feel like in today's market and especially in the market nearby doing that the offer won't ever be accepted. What ways do you recommend doing it

I assume you are trying to go FHA to be able to put down 3.5% but that's possible with a conventional loan as well. Nonetheless, your offer will get accepted if it's the highest and best no matter what type of loan you have. That is of course if there are issues with the property that will not get approved via FHA or VA due to more strict property condition requirements but a good realtor should be able to point out red flags and set realistic expectations.

 Thank you for the tip helped a lot, how would I even find a home under 100k every home I see, for a duplex or triples is priced well over 200k I have seen some at 180,00. The market I’m in Sarasota, is very hot and values have gone up very a lot. Any tips on finding deals that amazing. Will a realtor help me find deals that good or close to?

Post: Real estate beginner

Mattias SrolisPosted
  • Sarasota, Fl
  • Posts 5
  • Votes 0
Originally posted by @James De Leon:

Hi @Mattias Srolis,

You don't need very much money to start in real estate. Depending on what market you're in, you can get a house hack situation for as little money as possible. If you have any specific questions I would love to answer any you might have. Good luck!

I have a lease on my apartment till next June, so house hacking will have to be put off, what way do you recommend to get started in real estate investing with little money. I would do an FHA loan but I feel like in today's market and especially in the market nearby doing that the offer won't ever be accepted. What ways do you recommend doing it

Post: Real estate beginner

Mattias SrolisPosted
  • Sarasota, Fl
  • Posts 5
  • Votes 0

thank you for the reply Zev, continuing my education is defiantly my priority right now 

Post: Real estate beginner

Mattias SrolisPosted
  • Sarasota, Fl
  • Posts 5
  • Votes 0

Hi my name is Matt, I am brand new to real estate investing and already have fallen in love with it. I have so many questions. I currently have not very much money to work with, but have saved up about 5000 thousand dollars, I am not sure how much in this market I can get with that. I was hoping to maybe househack with a duplex and scale from there. I love learning so if anyone has any tips for someone in my position please feel free to reach out