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All Forum Posts by: Mike Scott-Smith

Mike Scott-Smith has started 7 posts and replied 35 times.

Hello BP. I am looking for trustworthy contacts to connect with.  I am seeking the following contacts in the Sarasota area. 

  • Attorney
  • Property Manager
  • Handyman

Post: Multiple Niche

Mike Scott-SmithPosted
  • Sarasota, FL
  • Posts 37
  • Votes 8

Hello BP, still a newb here. I am reading through a lot of information, and have to ask the question for the sake of obtaining additional feedback. I am likely going to set my 'niche' primarily in rentals. residential, and/or vacation rentals as I live near some of Americas greatest beaches, and the 2nd home to many snow birds.  However, I am curious if anyone believes that it would be a bad idea to also invest in REITs. I have retirement accounts that are self directed and I am considering buying some REITs. Is that too much in one pot (Real Estate)?  I also have money in other industries (energy etc...).

What are your thoughts? I am very grateful for this community resource!

Post: Newbie Serving in the Military

Mike Scott-SmithPosted
  • Sarasota, FL
  • Posts 37
  • Votes 8

Jennifer, are you currently stationed at Ft. Bragg (assume that you are by your post). Buying outside of a Military base should bring you years of income. I know MANY people that now own properties around military bases, and they have done very well.  Try to buy in areas that have great schools, most families, Military included, seek out great schools for their children.

Best of luck, and enjoy your time in the Army.

Post: New investor

Mike Scott-SmithPosted
  • Sarasota, FL
  • Posts 37
  • Votes 8

thanks @Russell Brazil how is Montgomery County? I was born in Olney.

Post: New investor

Mike Scott-SmithPosted
  • Sarasota, FL
  • Posts 37
  • Votes 8

I am new to the investment properties. I have a lot to learn and am looking to obtain my first property.

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