All Forum Posts by: Shanai Rogers

@Virgil Moore that's right! I am currently in the process of working on my personal credit so I can successfully personally guarantee and apply for business credit cards. I have heard about the strategy a lot of times and have been very interested because I have seen the positives from it for sure. I am grateful to people like you for educating us newbies and giving us insight as well as showing us what patience looks like when multiple people on your post have come to try and discredit and test you so much! nonetheless, I appreciate the education that both sides provide because you do want to be clear about the pros and cons when going into anything. I still stand by credit card stacking and am 100% going to continue to work on my personal credit so I can successfully use this strategy myself. Again, thank you so much for your valuable knowledge and insight.

Hello! My name is Shanai Rogers and I am currently starting to do the research on setting up mid term rentals in the Las Vegas area. I have rented apartments for mid term rental purposes under an LLC before, but have not yet done this with homes. Does anyone know any management companies that rent homes to someone using their LLC? If I wanted to largely scale my rental arbitrage business, using my personal name does not seem logical or realistic. Any advice would be great. Thank you so much!!

If you have mid term rentals strictly for nurses, etc. who typically stay 3 months at a time, how do you gauge how to pay a property manager? I'm thinking about scaling and acquiring multiple locations so I know I will need a team soon. My apprehension is that after the initial furnishing, app process, move in, there isn't much to do. The 1st of each month there is bill paying or if the tenant has a work order, but how do you decide what to pay them for that low effort work each month?

oh wowwww this I didnt know! Well let me say LTR  since nurses stay a min of 30 days and that is my target market, but I will def do some digging. I appreciate you!!

So I'm actually doing rental arbitrage, I am renting the spaces for now. Buying is in the plan but not yet! I have a space in sf that is doingf well but only because I luckedddd up so the profit margin is greattt. If it werent for that I just dont know. My other two are in sacramento, which does well when a nurse stays but after they leave the dry periods are brutal until another one finally comes. I have done more research and decided to go outside of california, its just not profitable unless you have multiple. Ive been looking in oakland due to the high demand for nurses  there and also Vegas for sure because of the high demand and low rents

Hello everyone, 

I have three STR's two that are on the furnished finder platform. I am currently looking to expand and gain my fourth that will also go on the furnished finder platform. I want to stay in the Bay Area as I have done research about high demand places and this is one of them that is close to me also. As I'm researching prices, I don't see how ppl are gaining profit! I see nothing under 23-2500. When I look on furnished finder I see nothing over $3000 that people are charging. So just to be sure, there's only going to be about a $300 profit right? assuming monthly expenses? I don't know why this is so hard for me to grasp that such a small amount of profit will be made. Especially because the work to set up is so strenuous

@Brandon Krieg ok ok I see! Thank you so much for this insight

@Brandon Krieg I haven't heard of this method before but it makes sense! This would probably be after you have done a few deals with the buyer though, you think? I doubt someone would do this when its their first time doing business with them?

@Nicholas Groover

@nicholasgroover yes yes they are title and escrow company are the same