All Forum Posts by: Joseph C.

@Margaret B.

What is the implication of being considered a hotel? 

Hi Mimi,

Investing out of state is not in it self un-realistic. I would make a trip or 2 to the areas you are considering to investigate the area. It sounds like you will need a good team to help you manage the property. Do your homework and gather background info on realtors, management companies, handy man, and contractors. Make sure that you get a solid team together. Speaking as an investor that invests out of my living area, a bad team / team member can wreck your investment and cause you undue financial stress. If you can not find a solid team in that market move on to another market.

Even if you chose to go with full management, I would still manage the management company. No one will care for your investment like you!

Hope this helps you out.

Thank you all for your input.

Hi BP,

I am considering a investment in a vacation rental in Oakhurst, CA (Near Yosemite & Bass Lake). My biggest hang up at the moment is accurately forecasting occupancy rates during Peak and Off-Peak seasons.

Does anyone have this kind of investment? Location? and occupancy rates?

Any help greatly appreciated!

Click on the MLS link for property flier and info!

http://sutteryuba.rapmls.com/scripts/mgrqispi.dll?...

Hi Matt,

I see you are in NJ. I do not know about the laws in NJ, but in CA where I invest, It is perfectly acceptable to go either route. If he price is going to be the same, I do an addendum. if the price is different I prefer a new lease. But it could also be done with an addendum.

I hope this helps.

@Amanda Han & @Sharon Vornholt have helped me learn thru their podcasts and blog posts.

Hi,

I need a transactional lender that will lend for 24-72 hours for a wholesale requiring a double close.

Joseph Caggiano

REsolve Properties

831-637-9950

www.sell2resolveprop.com

WE BUY HOUSES, MULTI FAMILY, MOBILES

I have a SFR 3/1.5 1661sf 1961yr FOR SALE in Yuba City, CA. It is a light rehab project good for flip or hold as a rental. Rehab consists of refinish kitchen cabinets, paint in/out, landscape, and some small misc repairs.

ARV 193k purchase price 126K rehab 20K will rent for 1095mo. CASH or HML preferred. More info available upon request.
Call 831-637-9950 or Email [email protected]

I have a SFR 3/1.5 1661sf 1961yr FOR SALE in Yuba City, CA. It is a light rehab project good for flip or hold as a rental. Rehab consists of new roof, refinish kitchen cabinets, paint in/out, landscape, and some small misc repairs.

ARV 193k purchase price 126K rehab 20K will rent for 1095mo. CASH or HML preferred. More info available upon request.
Call 831-637-9950 or Email [email protected]

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