All Forum Posts by: Morgan Putnam

Mashvisor analyzes STR's as well as LTR's. Works pretty well but is more expensive than AirDNA.

If you don't live in the area where you want to purchase your first property, I wouldn't recommend acquiring a fixer upper first. It helps to have a large network of contractors (either a trusty GC to handle the whole project or you need each individual sub... painters, tile folks, electrician, plumber, etc.) for homes that need a lot of rehab and that can be hard to find from a distance. I'd recommend a rent ready property initially when investing at a distance. If you're going to continue to invest in the same city, then join a local REIA and try to build connections that way so you can start purchasing homes that need rehabbed (where some of the best returns are!) and find contractor recommendations through other local investors.

Excellent work! It's important to learn as much as possible with each new investment type. Will you do a BRRRR again?

Bought my first two investment properties! One is a BRRRR and one is a buy and hold.