All Forum Posts by: Richard Dale-Mesaros

Easy task for a title co to pull the deed or any other docs that are recorded at the registry, happy to have my title guys do it or you could try going on the registry's site to download stuff yourself (a small fee per doc), could even go there in person, they're very helpful! Don't hesitate to reach out if you need input either from a Realtor or an investor's perspective!

I must add Cliff H has gone at the STR biz with a particularly pragmatic approach, is very organized and had taken plenty of action on what he has learned from educating himself and listening to other investors. Like any business you need to treat it as such, have the appropriate systems in place and blow your customer's socks off!

Thanks Lien...... Adam feel free to connect on BP, funnily enough, the town of Lincoln met last week to discuss putting new ordinances in place to better control STR's and Thornton have a meeting this Thursday to do the same, which I hope to attend. It's Important to consider plans B and/or C to set in motion, should things change that impede your ability to run an STR model.......

Thanks Lien........ I think condos perhaps present a greater risk in terms of the STR rules potentially changing on you, this is happening up here in Lincoln as we speak. Worst-case-scenario you could always switch to seasonal rentals, long-term rentals or sell. I have several clients who have been doing well with both houses and condos so far. I agree about going for a resort area that offers a lot for people to do year round, so you're stacking the odds in your favor, rental frequency-wise. Decent restaurants in the vicinity helps too. Also having a view, water frontage/access and any particularly cool attributes about the property itself are important. Plenty of other input on this subject in BP and the podcast etc. Happy to advise on the Gunstock or Ragged (Newfound Lake) areas and can certainly suggest other agents for Sunapee and King Pine. :)

I agree with Cliff above - consider how a long-term rental model might look numbers-wise, if you had to make the switch at some point, also seasonal rentals and of course selling it could be an option down the road, so when you're buying always be thinking about the future!

Groovy.......

Consider that 3 units or more are less risk than a duplex,  ie: one vacancy represents a smaller % of your income - with a duplex it's 50% or 100% if you live in one side!

Happy to help out if you need it, Mike, let's connect!

I've had good experience with both Jim Barry and Shannon Aldrich on pre-licensing education in NH...... just remember the bulk of the exam is on the RSA's/rules that govern how Realtors can function and less about how to be a good/successful Realtor.

I chose Keller Williams because:

1) Investor- friendly culture

2) Don't have to do uptime

3) You can have your own brand under the KW name

4) Profit share (you get a passive income source via % of agent's commissions that you bring into KW)

5) We can 'cap' whereby we keep 100% of our commission

6) Really good training

Happy to share my experience, Tucker!

Hi Andre, consider we have multiple creative strategies that don't require much cash of your own to make money in real estate (options, wholesaling, partnering etc.....) and Bigger Pockets can speed up your learning curve significantly, so don't let lack of funds or knowledge slow you down from taking action and doing some deals!