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2 contributions to The HENRY Investor
Acquiring an STR - get a guru?
Hey all. I am ready to pull the trigger and buy my first STR now that 100% depreciation seems to be coming back. I am of course inundated with ads on my instagram now for courses and coaches and gurus. I reached out to one that seemed pretty appealing and they are asking for 30k per property because they negotiate low down payment seller financing deals and get you fully set up with a cash flowing Airbnb. I love the idea of someone underwriting for me and getting me great deals but 30k seems hard to justify. Would love to hear your feedback on how you are finding great deals and who, if anyone, is helping you do so. P.s. I am market agnostic - can’t buy locally because Miami is overpriced.
0 likes • Feb 25
@Michael Hyun STR Search has a minimum invest of $175k which is more than I am looking to invest for my first property. I reached out to them last night after I saw your message! It was a nice idea though.
0 likes • Feb 25
@Ryan Yee I basically agree it is insane. Also especially because I know two listing agents that are sourcing these creative financing existing airbnb deals, probably directly to the "guru's" group. That being said, the 30k program reviews and track record are amazing - most of their clients are doctors who I think are playing with more cash flow and higher tax liability than I have as a lawyer in Florida. Would you be interested at looking at some of those together? Would love to get your feedback.
Bonus depreciation
How soon until bonus depreciation gets reset to 100%? I want to start planning!
1-2 of 2
Melissa Groisman
1
5points to level up
@melissa-groisman-2236
Hi!

Active 6h ago
Joined Oct 14, 2024
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