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All Forum Posts by: Jimmy Murray

Jimmy Murray has started 8 posts and replied 209 times.

Post: hello from rhode island

Jimmy Murray
Posted
  • Investor
  • Warwick, RI
  • Posts 219
  • Votes 115

Hi @Joe SmithWelcome to BP!

Post: Sioux falls property managers

Jimmy Murray
Posted
  • Investor
  • Warwick, RI
  • Posts 219
  • Votes 115

@Kaleb CarstenI would recommend screening multiple managers. The key is to find a property manager who is dedicated to running your property as a business in order to garner you a return. Finding a property manager who is going to look after your property as if it were there own is key.

Post: Southeast Michigan Property Managers

Jimmy Murray
Posted
  • Investor
  • Warwick, RI
  • Posts 219
  • Votes 115

@Alexander BallI know I am not in your area but I would recommend finding a property manager that shares your investment philosophy. Look to work with a property manager that is dedicated to running your properties as a Business and spends your money like it is their own. This is crucial in terms of proper investment property management.

Post: New Hampshire Vacation Rental Analysiss

Jimmy Murray
Posted
  • Investor
  • Warwick, RI
  • Posts 219
  • Votes 115

@John MoonReally appreciate your in depth Market Knowledge. Are there any lenders in the area that you have worked with an prefer?

Post: New Hampshire Vacation Rental Analysiss

Jimmy Murray
Posted
  • Investor
  • Warwick, RI
  • Posts 219
  • Votes 115

Hi All!

I am working on analyzing a deal in Thornton, New Hampshire for a potential Vacation Rental. Does anyone have any advice related to renting through AirBnB or Homeaway? 

I am thinking this would be an owner financed deal for 12-24 months then rolling the property into a more conventional type of paper. Does any one have experience financing a vacation property?

Thanks in advance!

-Jim

Post: Top Books on Seller Financing

Jimmy Murray
Posted
  • Investor
  • Warwick, RI
  • Posts 219
  • Votes 115
Brian Gibbons Thank you for your detailed response!

Post: Top Books on Seller Financing

Jimmy Murray
Posted
  • Investor
  • Warwick, RI
  • Posts 219
  • Votes 115

I am interested in learning more about how investors acquire seller financed deals. I was curious, are there any good books that anyone has read on the topic of seller financing?

Thanks!

Post: 4 family worth it with 1 boiler and tenant thermostats in each unit?

Jimmy Murray
Posted
  • Investor
  • Warwick, RI
  • Posts 219
  • Votes 115

Joe - 

I own a 4-family over in Pawtucket, RI by Slater park where I include the heat because I only have 1 boiler. I typically get $100 more per month with heat included compared to similar units.

Hope this helps!

-Jim

Post: Young investor in Rhode Island seeking advice

Jimmy Murray
Posted
  • Investor
  • Warwick, RI
  • Posts 219
  • Votes 115

Hi Ben -

Welcome to BP!

I am an investor in Rhode Island and I live right around the corner from you in RI.

Feel free to PM me and we can catch up.

-Jim