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All Forum Posts by: Mike Grudzien

Mike Grudzien has started 2 posts and replied 1150 times.

Post: Watermarking photos with logo & QR code

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858

I like the logo pillows!  Genius!

Post: Watermarking photos with logo & QR code

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858

Skip the QR.  Definitely will get caught.

Post: Looking for Short Term Rental Home Insurance

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858

Proper is expensive.

Foremost (division of Farmers) has been great.

Post: 🦆 NO PNW Colleges make TOP TEN Football STR Markets - but don't forget about Eugene

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858

Go Ducks!  

And book: "The Eugene Guest House" on Airbnb!

Post: Airbnb Furnishing Business

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858

Well, that makes more sense 

Post: Airbnb Furnishing Business

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858

I heard of interior design companies doing design work and often they have contacts for furniture and appliances.  Maybe contact interior design companies to be a source for them.
Or start an interior design company.

Post: How to finance 25acres of undeveloped land

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858

Can't help,  but wish you good luck. 

Save up a down payment: reach out to friends and family. 

Post: STR networking Flagler Beach FL

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858

Check out local Facebook groups

Post: Rental Arbitrage... Smart Play or Short-Term Win?

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858
Quote from @JD Martin:

95% or more of arbitrage makes no sense for the property owner. From that point of view I am baffled that anyone would allow it (I certainly would not). In a few select cases a very experienced operator willing to put their own cash into an effort could make it really work well for both the owner and user. The reality is that it's just pitched as a way for people with no assets and no experience to become "investors" and it's mostly BS. It's a guru sales point to people with big beach dreams and empty wallets who aren't willing to accumulate capital through hard work.


 Besides agreeing  with JD, I'll add, these days there's almost no margin to be had....

Post: Is a refinance right for me right now?

Mike Grudzien
#1 Creative Real Estate Financing Contributor
Posted
  • Lender
  • Eugene, OR
  • Posts 1,292
  • Votes 858
Quote from @Elias Halvorson:

Dude, help us help you. Need more info. Nobody can tell you anything with such little info. What type of loan are you currently in? What is the property type? Condo? Single family? Duplex? Or? What is the mortgage amount? How much is your property worth? What is your credit score? Need all of those questions answered before anyone can give you decent advice. 


 Elias is spot on!  Folks post on the forum, for example "I need money for a deal".  Being able to write a good proposal, and getting results starts here.  Break down the elements and the key factors for a given deal.  The more you show your knowledge and analysis, the better it is for you and for those trying to help.