All Forum Posts by: Michael Porche

Hey Craig! Thats a pretty easy one to solve actually. You can create a master lease agreement between you and your LLC that may be holding it. Or since airbnb is a business you create an LLC for that business and have it sign a lease with you. I have done this a few times, is that helpful?

Hey Grant! Love that you're just getting started! Sarasota is beautiful! I got a lot of suggestions, pm me if you need some direction!

Franky! Way to go! that's awesome man. I would definitely keep it. overall real estate has show to do best when you hold on. I think STR would be a great option if its aloud. I can send you a quick one if interested. Let me know if I can help.

Hey!! A quick answer for you; No you shouldn't be breaking any laws if you are getting the permission from the landlord. I would always check with the city and give a call to planning and zoning. However if you are doing it out of an apartment, usually that means it is zoned for stuff like that. I'm no attorney but it's always safe to ask the city... May I ask why not go straight to owning for airbnb?

Hey David! Definitely not a crazy idea, however it'll be good to write out all the numbers and see how much you will be able to produce with STR in where you are buying. and also to take a look at the appreciation that has been going on in your market. I can fill out a quick spread sheet for you if you want. I wouldn't mind

Hey Brady! Good stuff! I haven't personally invested there but I have some data on that market, let me know if I can message some over. 

Hi Eric! Do you mean to say condole? or Condo? Yes there is a few things I would do first. I would contact other lenders who may have other ways of being able to refinance. Specifically individuals who do different type of loan products. I have a few lenders who I rotate through for that very reason. Let me know if that's something I can share.

 Hey Chase!!

What market are you investing in? Colorado Springs? I was actually just there giving a talk at a Real estate meet up group on STR investing with no money down strategies in some of the best markets. Did you get a chance to look at the data for colorado springs in where you are looking to buy if thats the case?

Hey Zach, Too be honest, what Marianna said was spot on! I would recommend actually calling the city and getting the regulations on it. Sometimes there is a map on where certain regulations exist. A few websites also. Have you ever considered investing outside of Vegas? Its a great market but I've also seen some great numbers in other areas.

Hi There Ashley! I focus my area in 2 large locations as of now. However I do so because of my ability to build out teams over there so that I can self manage. However I am curious, what is your goals with this type of investing?