All Forum Posts by: Andrew Syrios

Welcome to BiggerPockets Nick and good luck investing!

The AirBnb restriction might be a handout to the hotel and motel industry. But yeah, my friends in San Francisco and New York tell a similar tale. But as Grant Cardone notes, this stuff restricts supply and then jacks up prices. It's one of the reason rents in these cities are so high.

Welcome to BiggerPockets Lucas and good luck investing! Personally, I'd recommend buy and hold, but I'm biased.

Congrats Austin! BRRRR is a wonderful thing, ain't it!... as are celebratory cigars!

If you're going to be an owner occupant in one unit, you could get an FHA loan. Otherwise, I don't think any bank would go under 20%. You would need either a private lender or partner or seller financing for that.

1. For reasons not really related to the market we are playing catch up on rehabs and turnovers for the most part. But it's certainly gotten tighter. We have tried to strenghten some relationships with a few key wholesalers as well as make offers on any good MLS deals that come up (there aren't many). When we finish this round of turnovers, we will probably start another mailing campaign.

2. Lee's Summit and Johnson County's rental rates have been increasing quite a bit. It's hard to keep properties vacant there. 

3. I would say the Cerner development where the Bannister mall used to be is the biggest enchilada out there, especially if you're investing for cash flow.

4. See #3. 

5. I think it probably is, but this is a national thing. With interest rates ticking up, I suspect the market will soften. But at the same time, predicting the market is no easy feat. 

I'm no attorney, but syndications are securities and require quite a bit of legal work. Their usually for bigger properties. I would think a simple partnership or even just a private loan would be a better way to go on a 3-4 unit property. But of course, an attorney could advise you better than I could.

If wanted to sell these all together, I would probably think the way to go would be a commercial broker or at least a high volume residential broker. Maybe just go to Loopnet and look to see who has the most listings nearby and call them for a consultation and see what they think about it. Or ask around to see which commercial agent others would recommend. 

Welcome to BiggerPockets Adam and best of luck investing!

Welcome to BP Shweta and good luck investing!