All Forum Posts by: Morgan G.
Morgan G. has started 2 posts and replied 5 times.
Post: STR Boots on the Ground
- Investor
- Juneau, AK
- Posts 5
- Votes 2
Quote from @Lauren Kormylo:
Did you buy your place through a realtor? They should have recommendations for all of those.
We went through the seller's realtor this time, but great suggestion! Thanks!
Post: STR Boots on the Ground
- Investor
- Juneau, AK
- Posts 5
- Votes 2
Quote from @Lyndsay Zwirlein:
Quote from @Morgan G.:
We have a new STR going live in Fort Wayne in January 2023 and are looking for local boots on the ground. Specifically, we're looking for STR cleaners and on-call maintenance service. We've joined local Facebook groups, but are covering all bases looking for quality hires.
I've found everyone through referrals or FB so far. But I just tried Turnoverbnb for the first time. You can bid your project out and cleaners have reviews which is nice. I haven't hired anyone yet because we're not live so can't tell you our experience, but might be worth looking into it!
Thank you! Turnoverbnb is new to me, so I'll def check it out.
Post: STR Boots on the Ground
- Investor
- Juneau, AK
- Posts 5
- Votes 2
Quote from @Napoleon DeCiutiis:
Morgan, get on nextdoor.com - that neighborhood will know the best people in the area. Your Realtor should also be a valuable source of local information!
Thank you! We get Nextdoor.com alerts all the time for our own personal neighborhood - never even considered it for anything else!
Post: STR Boots on the Ground
- Investor
- Juneau, AK
- Posts 5
- Votes 2
We have a new STR going live in Fort Wayne in January 2023 and are looking for local boots on the ground. Specifically, we're looking for STR cleaners and on-call maintenance service. We've joined local Facebook groups, but are covering all bases looking for quality hires.
Post: Buy & Hold (w/ House Hack)
- Investor
- Juneau, AK
- Posts 5
- Votes 2
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $645,000
3/2.5 duplex; Rehabbed STR on one side, living in the other side.
What made you interested in investing in this type of deal?
We were looking for additional income and a foot in the REI door.
How did you find this deal and how did you negotiate it?
On market; contacted agent at 5am; offered $8k over asking
How did you finance this deal?
$0-down VA-backed 30-year conventional
How did you add value to the deal?
Rehabbed one side for STR with plans to do the same on the other side.
What was the outcome?
Successfully running an STR that pays the mortgage for us!
Lessons learned? Challenges?
Juneau is a small town with limited service providers, so in addition to owners/managers, we're also the cleaners, guest relations, maintenance, etc., etc., etc....
