All Forum Posts by: Sarah Kensinger

As far as I know there is no such software because LTR and STR couldn't be more different. Just for ease of use you'll probably need different software for each strategy.

Quote from @Tom Gimer:

@Sarah Kensinger That's a state line (Virginia).

Right...you cross over and it's easier to do STR. Sorry I didn't realize I had to spell this out.

Metro girl here...born, raised, and bred in Oklahoma the first 25 years of my life! I can't imagine there being any difficult regulations, this is Oklahoma for pities sake, but I would double check. As I'm sure you can imagine there isn't much tourist demand, but there are lots of people moving in and may need a brief stay as they are looking for a more permit place to live. Also, there are lots of conferences downtown and as already mentioned traveling professionals. To be honest I could see a MTR going better than a STR so you could try both strategies.

Feel free to reach out if you like to chat more!

Quote from @Marian Huish:

Quote from @Sarah Kensinger:

I know somewhere in DC there is a county line, and on one side it's a whole lot easier to have a STR then the other side.

Never heard of that as there are no counties in DC… !?

Fairfax, Alexandria, and Arlington. There is a large STR co-hosting and arbitrage company out there that we know of, and he has talked about the different counties and their regulations. Unfortunately, I don't remember which one is easier.

You definitely need Anderson Advisors for this! Your best option would be to just become members since it sounds like you have a number of things that would need the attention of an attorney. We're members and have loved working with them!

Also, so long as nothing has changed recently you don't need a WY LLC for a FL land trust. Florida is the only state that has asset protection built into their land trust, which would give you anonymity. Check with Anderson but since your mortgage is recent you shouldn't have to worry about the due on sale clause....which is such a rare case it's not even funny.....since the person holding the mortgage would have 50% ownership of the trust.

Hope that helps!   

Quote from @Bailey Kramer:

Quote from @Sarah Kensinger:

Quote from @Bailey Kramer:

Quote from @Sarah Kensinger:

So, what is the deal with you crashing in here again posting all these tips. :D

 Just adding value LOL.  I've learned a ton on Bigger Pockets and other social platforms from people sharing free tips, strategies, and experiences, so this is 1 way of paying it forward.

When I was a sophomore in College I hopped on BP and binged the podcast, networked my butt off, and honestly without it I wouldn't be where I'm at today!  

I totally get that; I know who you are and your story. But showing up almost every day to get "in the trenches", when people have problems tends to help out more.

 Never would I have thought I'd have backlash for giving free value LOL

I talk to people every day who NEED the info that I share.  I'll send my text exchange with

@Emily Hammer below (From August 10th).  She saw one of my posts talking about Mid Term Rentals and message me so I hopped on a phone call with her and sent her free resources.  I didn't ask her for a dollar or pitch her anything.  Just here to help! 

The whole point of me getting in the trenches is to help people who have problems with their property or to help people just starting out.

WARNING: I'm going to be posting A LOT more VALUABLE FREE content here. So for you or anyone reading this that is bothered by me sharing tips and tricks to help you start or grow your STR or MTR biz, I recommend blocking me LOL

Yep, same here...I have a lot of people ask to call or message me, so I usually talk to people all over the country a couple times a week. 

I know somewhere in DC there is a county line, and on one side it's a whole lot easier to have a STR then the other side.

Quote from @Bailey Kramer:

Quote from @Sarah Kensinger:

So, what is the deal with you crashing in here again posting all these tips. :D

 Just adding value LOL.  I've learned a ton on Bigger Pockets and other social platforms from people sharing free tips, strategies, and experiences, so this is 1 way of paying it forward.

When I was a sophomore in College I hopped on BP and binged the podcast, networked my butt off, and honestly without it I wouldn't be where I'm at today!  

I totally get that; I know who you are and your story. But showing up almost every day to get "in the trenches", when people have problems tends to help out more.

Check out Anderson Business Advisors! We love them and they're nationwide.

I would definitely call the local township and get some answers. Might take several phone calls and pushing to get the right person, but someone should have the answers you need.