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All Forum Posts by: Michael Lee

Michael Lee has started 4 posts and replied 6 times.

Post: Properties Performing Poorly? Let’s Connect!

Michael LeePosted
  • Posts 10
  • Votes 6

Hey everyone!

My fiancée and I own and operate a 5-star Airbnb, along with a mix of mid-term and long-term rentals. We're actively growing our portfolio and also looking to expand our property management side through co-hosting and STR setup services.

We're currently focusing on Upstate NY, as that's where our properties are, but we're open to opportunities anywhere. The best part? We successfully manage and operate our properties remotely and have built efficient systems that allow us to do this seamlessly. If you've ever wondered how to run an STR from a distance—or just need help setting up, optimizing, or managing your listing—we'd love to connect!

We're passionate about hospitality and real estate, and we love helping others maximize their STR income without the day-to-day stress. Whether you're just getting started or looking for a more hands-off approach, we're happy to chat!

Also, fun fact—while we focus on Upstate NY, we spend part of the year in Costa Rica, where we have strong connections as well. We truly embrace a global perspective on real estate and short-term rentals.

If you’re interested in working together or just want to exchange ideas, let’s talk! Drop a comment or DM me. Looking forward to connecting with like-minded investors and hosts!

The seller and I have mutually terminated the contract. Unfortunately, there was an undisclosed leak issue that my inspector uncovered, which the seller was supposed to fix. However, it has taken a long time to resolve, and ultimately, we both decided it was best to let the contract go. Thank you all for your support and advice during this process.

The seller and I have mutually terminated the contract. Unfortunately, there was an undisclosed leak issue that my inspector uncovered, which the seller was supposed to fix. However, it has taken a long time to resolve, and ultimately, we both decided it was best to let the contract go. Thank you all for your support and advice during this process.

I'm looking to buy a six-plex property in Watertown, NY, priced at $425k. The downpayment is 25%, with the seller financing 60% of that and me covering the remaining 40%. Each unit has three bedrooms. Does anyone have recommendations for a good commercial lender?

I'm looking to buy a six-plex property in Watertown, NY, priced at $425k. The downpayment is 25%, with the seller financing 60% of that and me covering the remaining 40%. Each unit has three bedrooms. Does anyone have recommendations for a good commercial lender?

I'm in search of a CPA/tax strategist based in South Florida. I am based in South Florida as well but investing in Michigan. South Florida base is not a must but it would be great to put a face to a name and occasionally meet in person. I’m a new investor with a few units, and a W2 employee earning over 200k annually. As a new real estate investor, I’m not sure I can truly benefit from a high-caliber CPA/strategist, but would ideally match well and GROW with someone sharp in real estate tax code, strategies, loopholes, etc. I'm in the early stages of building my team and looking for a reliable professional for the long term. Thanks in advance and your assistance and suggestions are greatly appreciated.