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All Forum Posts by: Tim Johnston

Tim Johnston has started 7 posts and replied 19 times.

Post: How to evaluate a collection of cabins on 1 property ?

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9

In my search for a Vacation Rental, I came across a off market collection of 7 cabins one one property. The current business model is they are run like a motel with a longer minimum stay. I'd like to operate more like a STR. They are only open 5 months out of the year and I think year round is a must.

I am new to STR and was originally going to figure it out with one then expand, but here it is and I really need to evaluate and do something about it.

Price is right at $1M

Post: Manhattan, KS Real Estate

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9

My take on MHK.  Rents are down due to overbuilding by large nice apartments.  Housing prices are flat at best but looking slightly better recently.    Short term rental does fine, (we had friends with a lake house that performed nicely).  NBAF is starting to hire so I expect there to be a general uptick in the overall economy.   Overall I’d say that Manhattan is a long term play.   I laughed when I saw on Biggerpockets had a list of the best zip codes for each state, and Manhattan was Kansas’ best market.   

Post: Best car for new real estate agent?

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9

As a car guy I have always thought of my vehicle as an extension of who I am.  That being said, after having paid off cars for years and a year ago bought a BMW X5, my lesson learned is that no car is worth a car payment.

Post: Topeka and Lawrence Kansas Networking RESOLVED

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9

Having a conflict, having to back out.

Post: Topeka and Lawrence Kansas Networking RESOLVED

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9

I’m planning on being there....

Post: Property management in Lincoln, Nebraska

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9
Just breaking into that market. Looking at a couple of different Multifamily options.

Post: Property management in Lincoln, Nebraska

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9

Thanks, I'll look them up.   It's sure nice to have a referral to start from!

Post: Property management in Lincoln, Nebraska

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9

I am looking for recommendations for a propert management company in Lincoln, Nebraska.  Multifamily experience is a must.

Post: Looking for Contacts in Central Kansas

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9

where exactly in central Kansas?

Post: Multi family property management company in Topeka Kansas

Tim Johnston
Posted
  • Investor
  • Clay Center, KS
  • Posts 19
  • Votes 9
Thanks. I'll give them a call.