All Forum Posts by: Jordan Williamson
Jordan Williamson has started 23 posts and replied 355 times.
Post: Experience with vacation rentals in SW Florida
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
Originally posted by @Alvin Taveras:
Hello @Artur A.
I work with investors who self-manage and others who pay the 20% management fees. Both can be good options. The difference is if you think managing a short-term rental is a future headache or something that you want to develop as a competitive advantage.
I have a client who has bought multiple STR from me and has developed an entire system to manage these. As a family, they enjoy the learning process and have become pretty good at it. They recently became a "super host" and are looking to buy more. Another family I helped are full-time firefighters, who wanted to offset the cost of a vacation home. They would like to eventually self-manage but saw the benefits of working with a turnkey STR Property Manager. They are happy to pay the 20% to quickly set up the rental and more passively learning the industry. Both were purchased in Cape Coral, FL.
For Full service, I would recommend looking into TurnKey, for mostly marketing Evolve and for software many investors go with iGMS.
Good info @Alvin Taveras I have a property I'm considering going STR with. Thank you for the info!
Post: SWFL MEET-UP AUGUST 2021!!!
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
Hey all! We look forward too seeing you tonight!
All invited, Cape Coral, Fort Myers, North Fort Myers, Lehigh, Estero, Punta Gorda, Port Charlotte
Post: Property Managers in Fort Myers, FL
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
I love this market! There are great opportunities all over! As in any market, it always comes down to making sure you BUY WELL!
Post: SWFL MEET-UP AUGUST 2021!!!
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
Technical issues... or maybe I'm just technology impaired.
The meetup is from 6PM to 8PM!!!
Post: SWFL MEET-UP AUGUST 2021!!!
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
Originally posted by @Jeff Cody:
Looks awesome, I'll be there, can't wait to get together with the group!
Jeff
See ya there!
Post: SWFL MEET-UP AUGUST 2021!!!
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
Post: SWFL MEET-UP AUGUST 2021!!!
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
SWFL MEET-UP AUGUST 2021!!!
Hey all!!
ALL WELCOME to this months FREE meet-up here in SWFL! @Brit Foshee from BP Business podcast #40 will be hosting us at his beautiful million dollar river front flip! Monday 8/30/21 @ 6:00PM! (perfect for sunset!)
Brit will be telling us about the "River House" deal. How he found, analyzed it, financed it etc as well as Q&A.
Informal event, just networking, hanging out and Q&A! No real agenda other then talking real estate and connecting with locals. Bring deals, questions, business cards etc! Lets grow together!
Send me a message on here or TEXT ME at 239-823-5215 if you have any questions etc and post below if you plan to attend!
Pictures of the "River House" !
Post: How to get off market leads
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
Personally, I would choose a specific area of reasonable size. It could be a specific neighborhood or zip code or whatever. Then become the EXPERT at that area. Know every property that is bought and sold and know the values. While learning all that, spend time driving EVERY street "driving for dollars" and taking down any property that looks distressed etc. From there you can skiptrace and call/mail/text. You could even consider door knocking.
IMO the way to win in a tough market is to do the work others aren't willing to do and to have a list no-one else has.
Post: Hoping to BRRRR. Thoughts on these GC Bids?
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
Not gonna lie. I see all the feedback your getting, but to me, all those bids are WAYYY high at least for my area.
Post: Question re: assumptions on my very first property analysis
- Rental Property Investor
- Cape Coral, FL
- Posts 427
- Votes 186
All looks reasonable to me, but seems like a terrible deal to be honest. If you are essentially break even ($24mo is break even at best) when your putting 20% down then it isn't a good cashflow property.