All Forum Posts by: Robert Tinker

Check out Furnished Finders. I used Cozy for the credit & background check and rent payments.

Guests can pay using Facebook messenger. 

My gut reaction would be to buy a duplex, if it cash flows. We started our STR and then this Covid thing hit. Spent a lot of time and money remodeling and furnishings, then no bookings because of Corona. We got a medium term tenant in, but in hindsight I wish we went with an LTR. Much simpler.

@John Underwood thank you

Hi everyone, hope y'all are staying safe and healthy during this crazy time. All my STR 's reservations have cancelled. Put our condo on Furnished Finders and have received an inquiry for April 20- July 30. Question is what lease agreement to use and should we

collect first and last months rent? With it being just 3 months and some change is that customary? Or should we just collect for April 20-April 30? Or just one full months rent? Thanks in advance. Love this forum!

I've seen a few that will set up the trailer on the beach for their guests here in Texas. Not even a fancy trailer either. Should cash flow pretty well. No HOAs, no flood or wind insurance and rents for about the same price as a small condo.

So for my first BRRR I chose a lower price market (Killeen). Also pretty much cosmetic, I thought, but there was a little more to it than first met the eye. But, I wasn't risking a lot money with this deal. $15,000 rehab vs 40-60. Got 3 bids also. Hard money lenders thought it was a good deal so I felt a little more confident. Just my two cents worth. Easier to pull the trigger on a lower price market

@Emilio Ramirez, Middle of desert? You obviously don't know what it's like here.

@Lucas Carl Thanks for recommending Traction, just started reading it.

Thanks again

@Jeff Cichocki I'll have to check that out . Thanks!