My Real Estate Game Changer: The Creative Finance Mid Term Rental Strategy

[@humblebee7979]

Wow. Love when the stars align! Great video!!

[@JesseVasquezAirVenture]

You and I both! Thx for the kind words!

[@nikhil9100]

very good detail explanation jesse . easy to understand . great .

[@JesseVasquezAirVenture]

Thank you

[@ShellyToombs]

You crack me up… looking forward to meeting you in San Diego.

[@JesseVasquezAirVenture]

Shelly! Yes! I’m excited to meet you too! See ya soon 🙏🏽

[@Seachange01120]

Wow Jesse, I absolutely loved this content. One of my fav things was the music playing and the camera panning the room to enter another room. Your brand of humor, especially with the number crunching is so much fun and keeps things really interesting, not that your content/content delivery could ever be boring. Part of my interpretation of that is that one doesn't have to be exceedingly good at something to still benefit from it and be prosperous. I've always thought that co-hosting+ MTR+ creative financing = success!

[@JesseVasquezAirVenture]

Hey Suzette! Thank you appreciate you for the kind words, also I’m really not great at math but I suppose there can be some charm to being unskilled in math 😂 This strategy is by far superior than most others in real estate!

[@Seachange01120]

@@JesseVasquezAirVenture Well you got your math right this time lol! When the camera panned the room for the quick tour, my mind dramatized it as an episode of Lifestyles of the Rich and Famous with Robin Leach haha. The unedited bloopers are my fav too, please don’t ever change that.

[@JesseVasquezAirVenture]

@@Seachange01120 Robin leach haha I remember that show! I’m dating myself heh - thanks again Suzette appreciate your kind words 🙏🏽

[@svc2011]

Great story. Love the self deprecating humor! 😂

[@JesseVasquezAirVenture]

Always!

[@nevido84]

We should make a video that shows your MTR portfolio ROI or IRR for the sophisticated investors. I can do that for you if you want to collaborate.

[@enzosf]

Great story. Uve never been able to make the numbers work in the Bay Area and started in New Orleans awhile back and done well. I found you thru bigger pockets also how I found Pace Morby and interested in CF but have a property in New Orleans that’s an interconnected fourpkex so can be 1,2,3,4,5 or 6 bed 6 bath and looking to midterm rent that. Checking out all your content.

[@JesseVasquezAirVenture]

Enzo folks been sleeping on the CF to MTR strategy. Probably the greatest strategic move in RE

[@gascan_productions]

Love it! I do believe in the power of cold calling. You don’t know if you don’t ask

[@JesseVasquezAirVenture]

💯 it’s crazy what’s available if you just ask

[@JJMahi]

Nice execution on creative financing. Been looking to do this

[@JesseVasquezAirVenture]

Go for it!

[@SherryXShi]

Who to call to find travel professionals?

[@JesseVasquezAirVenture]

Check out my other videos I go into detail on this

[@Zsmoker]

Dude..... your hilarious. Love the video

[@JesseVasquezAirVenture]

Haha thanks man! Appreciate it! 🤙🏽🙏🏽

[@monicamerlucci7100]

Wow I love ❤this video. Thank you for explaining this in more detail with an actual property. Love your content keep it coming. You have motivated me to start searching.

[@JesseVasquezAirVenture]

hey Monica! thank you for the kind words! made my day! get in there and start your search! keep me posted on your progress!!

[@marvindias1377]

brooo please regulate the music and speaking levels all your videos literally blast my headphones on every intro/transition :( great content though. Always appreciated. Super cool ideas here.

[@JesseVasquezAirVenture]

Hey! Thanks for the heads up! I spoke to my new video editor shouldn’t have this problem anymore! Sorry Marv

[@DaveSlaughter]

Tremendous strategy. Setting my filters now for 60+ days on market.

[@JesseVasquezAirVenture]

Dave definitely! It works! Just gotta put the work in

[@tonyvalle3690]

Congrats! This is a beautiful home and what a story! I especially appreciate the fact that you did not know all of the details of "subject to" financing, and yet you figured it out in time to be able to offer a solution. Well done!

[@JesseVasquezAirVenture]

Hey tony! I think taking action, even when you don’t know anything is essential for entrepreneurism. Thank you for taking the time to watch the video. And yes this is a magnificent home. 🙌🏽🙏🏽

[@saveniykee3655]

Makes total sense that the seller would sell for $110K under list price and also throw in $40K in furnishings

[@JesseVasquezAirVenture]

Doesn’t need To make sense because those are the facts.

[@saveniykee3655]

@@JesseVasquezAirVenture I don't doubt that those are some of the facts

[@TJ-th9hw]

Jesse- That was genius move on your part. That’s what a problem solver does! Thanks for sharing your experience with us. 👍👍

[@JesseVasquezAirVenture]

T J - definitely the best advice I can give anybody is learn how to solve problems. Listen, and figure out the problem. Most of the time the people you’re talking to you don’t even know they have a problem. Thx for watching!

[@TJ-th9hw]

@@JesseVasquezAirVenture - you are so on point. I’ve been watching content on your KZbin channel for about a year now. I learn a lot from them. I’m in the process of setting up my first MTR out of State. I’d love to come to your MTR summit in April 2023 but, my hands are tied behind my back. I’m hoping to make it to the next one. Thanks again!

[@JesseVasquezAirVenture]

@@TJ-th9hw we will always have another one man! What state are you in? I’m thinking about doing like a Midwestern area later this year

[@elenar.7780]

Great deal

[@JesseVasquezAirVenture]

Totally !!

[@savannahaly]

I cant like this video enough!!❤🎉😂

[@JesseVasquezAirVenture]

💙💙

[@savannahaly]

@JesseVasquezAirVenture so I am so excited to get into midterms, and a little arbitrage, and I haven't found the respuce I was looking for yo learn how to do this properly. Can we set up a time to talk? The market is finally shifting to great affordability here in Lexington, KY, I'm ready to purchase my own home and house hack but also build my buy and hold portfolio, focused on MTR. I've got funding and great PML and been studying creative with Pace since Dec. I'm READY (ish) !!! ❤️👍🙏🍾🎊

[@saschaspeaks8043]

Hey, got a question. Where would you find the money to fund a similar deal? Thanks guys.

[@JesseVasquezAirVenture]

Asking friends, family, business connections, private money lenders, gotta know your numbers and show the data on paper.

[@saschaspeaks8043]

Gotcha thanks!

[@ChristopherARamsey]

Love it Jesse- you remind me of mix of @Robuilt & @JavyVidana 🤝🏽🤩

[@JesseVasquezAirVenture]

Haha i know rebuilt hes my bro, i dont know who Javvy is but imma check em out, thanks for the kind words!

[@yvettemiranda6916]

What an awesome video! Thank you so much for sharing! I enjoy your content so much. My boyfriend and I just purchased 3 SubTo properties. All three will be MTRs. That’s so genius to purchase with the furniture. I’m definitely going to follow your advice. Thank YOU 🙏🏼

[@JesseVasquezAirVenture]

Yvette 3 properties sub to whaaattt!? Dang going big! Seriously subto to Mtr greatest strategy ever

[@user-iv8xd9nd3r]

Amazing - the deal is impressive, and what I appreciate most is how real you are. Congrats Jesse and thanks for sharing your experiences so we can learn with you!

[@JesseVasquezAirVenture]

Hey, thank you so much for your kind words. They really mean a lot to me! I definitely share so the other folks can make things happen in the space! 🙏🏽

[@ernestocarrillo7]

Wow Jesse what a genius playing you got going on right there brother. This has my mind spinning at a thousand miles per hour. How did you get that huge discount?

[@EstatusBestia]

Jesse great homer🎉and i dont mean simpson😂😂but why did you decide to go airb instead of shorty?

[@prodigy803]

When you "co-host" a property and you accept a 30+ extended stays, don't you legally need to operate under a broker or be a licensed broker? I'm pretty sure if you are managing anyones property and are accepting extended stays then you definitely do in CA. I would caution against doing that. The fines are pretty hefty if you get caught operating a PM company without a license. I know you own it now, but I was talking about when you first picked up the property.

[@JesseVasquezAirVenture]

Yes Always due your due diligence -

[@viraestrada7756]

Congratulations Jesse! 🎉I remember when you started co-hosting that house, it’s beautifully designed! 😍🤩🎉

[@JesseVasquezAirVenture]

Vira remember this!! Was about year and half ago or so

[@lisettegonzalez9770]

Super awsome…love the video . Congratulations 🎉

[@JesseVasquezAirVenture]

Lisette! 👋🏽 thanks for checking it out 🫶🏽🙌🏽

[@renaissanceman21c]

Hi Jesse. I really like the strategy. But how specifically did you compensate the realtor on a subject to?

[@JesseVasquezAirVenture]

We didn’t the listing expired

[@raifcilasun1597]

Is this legally safe concerning the lender? What are the possible risks? What happens if the previous owner does not pay the loan? Thanks

[@JesseVasquezAirVenture]

Lender can call a due on sale, but we covered all the bases with attorney. SUBJECT TO isnt new its been around for years. It’s gaining a lot of popularity due to Pace Morby and some other folks who talk about it regularly. The previous owner doesnt pay the loan, we are.

[@raifcilasun1597]

Thank you. Could it be the legit solution ( without mortgage fraud) to benefit from the lower mortgage rate of the seller?

[@JesseVasquezAirVenture]

@@raifcilasun1597 it’s not Fraud, the lender can just call a Due on sale. Which means we would have to just assume loan on new rates etc✅ The attorney walks through all these scenarios ahead of time. I’ve only heard this happening a few and full of times. We were definitely prepared and so far everything’s great.

[@raifcilasun1597]

@@JesseVasquezAirVenture Thank you Jesse. I researched it. I see this type of deals can be hunted personally; you do the direct sales talk with the owner , convince them etc. but do you think it would also make sense if I ask a buyer agent to search, call and do the talk and get me a seller financing approved MTR suitable deals if the seller is going to pay my agent's commission fee? Does it make sense to offer it to an agent concerning lack of time , busy W2 job etc. I would like to hear your opinion on this. I will appreciate. Thanks

[@justinegrayson2200]

I thought that you said Mashvisor would show MTR comps and analytics. I just signed up and it is only showing options for STR and LTR. Maybe I misheard you?

[@JesseVasquezAirVenture]

it does show Furnished finder mtr analytics

[@lisacondobery1912]

Jesse you have hit your stride! Let's go. Thank you for leading. Please continue to lead us and inspire!

[@JesseVasquezAirVenture]

Thanks!!!!!

[@MariE-go7ol]

Great video! Very informative! Also your freaking hilarious! 😂

[@JesseVasquezAirVenture]

Hi Mari good morning! 😂 thanks for watching and for the kind words! Get yourself a sub 2 property!

[@MariE-go7ol]

I’m trying to. I’m in the learning phase. You really scored big time on this property! Stunning home and furniture!

[@JesseVasquezAirVenture]

@@MariE-go7ol totally. But if I never put myself out there I would’ve never landed it

[@iLiveArt]

This is amazing! Great deal. Beautiful home! Congrats

[@JesseVasquezAirVenture]

Super lucked out with this one eh 🫡

[@marisolaviles4024]

Jesse I always love your content!!! Thank you, thank you! 🙏🙏🙏🙏 Any recommendations for travel hosts/midterm hosting insurance?

[@JesseVasquezAirVenture]

Hey Marisol! Thank you so much for the kind words. It really means a lot to me. Check out ale solutions. They’re really good. Also CRS.

[@tsc1213]

Great I'm working on an seller finance deal that's an expired duplex listing to operate as a MTR

[@JesseVasquezAirVenture]

Yasss! Seriously the greatest strategy ever

[@tsc1213]

@Jesse Vasquez it is been watching Pace as well and trying to work one of his strategies to get this deal to close 🤞🏾

[@user-qv9ll3nc1v]

hey Jesse! I have a question, how did you calculate how much are you going to rent it and what your profit would be?

[@JesseVasquezAirVenture]

Loaded question! Simple way - look at market str rate of comps 10-15-% decrease

[@KevyTV]

I felt that part about the roof! My ceiling was leaking last weekend, thankfully nothing major 😅 Thanks for all the info & breaking down mashvisor!

[@JesseVasquezAirVenture]

Yah cost me about 1400$$

[@IDL_Consulting]

Wow..this is awesome video and process Thankyou for sharing details…

[@JesseVasquezAirVenture]

Hey Inez! Thanks for taking the time to check out this video! The details are the most important part. 🙌🏽🙏🏽

[@lyneljohnson7067]

That is great! Great house, great story, great lesson. I told myself to try as many of your hints as possible before we come out the the MTR conference, that way I can learn as I go & be able to ask you specific questions. But I didn’t expect to learn something Super Brand New out of left field 🤯 Wow! You really move in leaps and bounds - Thanks for the amazing mentoring!

[@JesseVasquezAirVenture]

Lynel! You’re coming to conference !! Woohoo! I’m so glad you’re applying what your learning! Yes, sub to and cohosting are huge advantages especially w the low money down potential!

[@danabunker9240]

Is the conference full haven’t heard back

[@JesseVasquezAirVenture]

@@danabunker9240 hey 👋🏽 yes it’s sold out, if you jumped I’m on the waiting list we may have tickets coming

[@lyneljohnson7067]

@@danabunker9240 Yes, it has filled. Keep watching to see if they decide to have another.

[@lyneljohnson7067]

@@danabunker9240 Just saw @Jesse Vasquez replied

[@srfpunk8207]

"They put in $35k, I mean $37k, then $40k, then over $40k.😂😂😂🤷‍♂️. Let's get to the number please.

[@JesseVasquezAirVenture]

Haha yeah it was from 35-45k of furniture and thats not including the discount as she ordered from her own catalog my bad 😂🤦🏽‍♂️

[@srfpunk8207]

I'm just messing around. Love your informative videos and the easy vibe of your delivery. Thank you 👍🏽

[@JesseVasquezAirVenture]

@@srfpunk8207 lol killing me smalls 🤙🏽

[@brendapolar8506]

Jesse Love your content and your delivery is hilarious!!! What a gorgeous home! Will be looking at this for design ideas when I acquire my first MTR!!✌🏻

[@JesseVasquezAirVenture]

Hey 👋🏽 thank you for the kind words! House is so amazing 🤩 It truly is!

[@werentnyc]

I thought you said you are not paying any interest on this property, so how come 14:17 you have added interest in the breakdown?

[@JesseVasquezAirVenture]

No interest to the owner, the house has 3.2 interest rate to the bank

[@Justinbragz]

It’s awesome you had Subto Students in your masterclass!

[@JesseVasquezAirVenture]

Dude! Huge thank you to you and Tanisha! Y’all helped me big time ! Y’all the best!

[@Justinbragz]

@@JesseVasquezAirVenture thank you for building a community of like minded individuals.

[@REQtip]

I'm just getting started on learning about MTRs. I heard one player say that he provides a car for nurses to use. Do you? How would insurance work?

[@JesseVasquezAirVenture]

Turo.com start there!

[@REQtip]

Thanks, Jesse! I'll check it out.

[@petecardenas706]

Bro, take some Ginko Biloba for your memory lapses. 😄

[@barbielizkimery3509]

Nothing wrong with your math! I always love your videos ! Please go over with the contract with the MTR tenants or agencies

[@JesseVasquezAirVenture]

Haha 😂 oh there is lol I can record something on that topic

[@davidsonfamily3320]

Did you use hard money loan for the 60k deposit

[@JesseVasquezAirVenture]

Cash

[@adityakohli5160]

Love your content, you inspired me to take actions for MTR and especially feeling comfortable cold calling agencies - Adi

[@JesseVasquezAirVenture]

Hey Adi! I’m so grateful for your comment! I love hearing these sorts of things! Once ya land your first booking w an agency keep me posted!

[@rubenfernandez6555]

Is the house yours after a certain time?

[@JesseVasquezAirVenture]

It’s mine after it closed - I have the note

[@rubenfernandez6555]

Ty. How does the owner keep get the rest of their equity? Since you only dropped some money

[@JesseVasquezAirVenture]

@@rubenfernandez6555 I own the home now the mortgage is just still under their name - I cover all debts

[@rubenfernandez6555]

@@JesseVasquezAirVenture I appreciate your response Jesse. Thank you. I guess what I mean is when you gave them a small amount originally how did you go about paying them for the value of house? You paid them and then you also paid the mortgage?

[@rubenfernandez6555]

Like the money they have tied in how will they get it back or how did they get it back

[@RichieValentine]

I love that you keep all the bloopers

[@JesseVasquezAirVenture]

Haha yeah someone’s gonna hate on me for it haha 😂

[@RichieValentine]

@@JesseVasquezAirVenture Reminds us that we're all human. Also, Jesse, If I wanted to use someone's property to do furnished finder for example, do I need I need to start an LLC and have insurance outside of what is covered by FF? Or do you simply add the property to FF and just do it?

[@JesseVasquezAirVenture]

@@RichieValentine if you’re going to cohost I would def look at this as a business. Build the foundations - that’s starting an actual company under an llc - it’s also protection for you.

[@jessealfonzo6032]

Brother Jesse! Congrats on closing your 1st Subto deal! Outstanding! I am trying to do the same! Love this property! Great find and I love the follow up with the seller!! Keep it going! 🤠👍🙏

[@JesseVasquezAirVenture]

Jesse ! Did anybody ever tell you to Jessyes don’t make a right? Haha 😂 I’m pretty sure that was a bad joke. Thanks again man for taking the time to watch this video. It’s definitely a great property! Follow up is literally the most important part. Raindrops make an ocean.

[@davidsonfamily3320]

Do you have to pay the real estate agent any fee for their listing or were they just willing to talk to the owner of the house for you?

[@JesseVasquezAirVenture]

This was an expired listing so no agent was involved at time of purchase

[@davidsonfamily3320]

@@JesseVasquezAirVenture Thankyou

[@ThangGSB]

That's amazing. Can I ask who rented the place for 2 months?

[@JesseVasquezAirVenture]

Home owner relocation claim. Insurance

[@calvinb1966]

Great video! What platform did you secure the 2 month mid term? Was it healthcare, furnished finder, airbnb, one of your contracts, etc?

[@JesseVasquezAirVenture]

It was an inquiry on FF that we converted into a booking!

[@nevido84]

@JesseVasquezAirVenture you are funny. I will do the math for you, one of my greatest strengths. :)

[@JesseVasquezAirVenture]

Lol yes! Math is not my strong suite. Thank god for calculators’

[@PrestigeWorldWide777]

Jesse, Great content. Thanks for the video. I want to do this and not trade so much of my time for money anymore. I’ve spent the last decade traveling and long-commuting for work. I and my family are tired and want a change . I’ve been looking into real estate investing for awhile…I think it’s finally time for that phone call and some bigger action steps.

[@JesseVasquezAirVenture]

Hey there! It’s definitely a good time to start investing. Keep in mind, Real Estate is a slow process, it’s not to get rich quick, but it can be if done right a decent cash, flowing engine to help you supplement your income and eventually leave your W-2! Thanks for watching and I hope you start taking some small incremental actions

[@cbauman106]

BEAST! Inspiring me to try to find my own Sub-to MTR deals 🤔

[@JesseVasquezAirVenture]

Yes, dude! Literally, the best strategy on the planet!

[@publicproclaimer9724]

Insane deal man

[@JesseVasquezAirVenture]

Indeed! Turned out to be pretty solid, I got the place, the family bought a home! Win win 🙌🏽

[@lorenazaragoza6411]

You are a genius

[@JesseVasquezAirVenture]

👨🏽‍💼 😂

[@dividenddave6833]

Congrats! I’m working on my first subject to loan now!

[@JesseVasquezAirVenture]

Dave that is awesome! Let me know how it goes!

[@dividenddave6833]

@@JesseVasquezAirVenture Will do! It's a 2 bed 1 bath in Gary, Indiana and it's from an off-market owner. I'll be giving her $15,000 cash and then getting renters in there to pay off the $30K HELOC. Because we're having trouble getting the squatters out, I'm considering restructuring the deal so I only need to pay $5,000 outright since we don't know if the current occupants will take their anger of the whole situation out on the house as they're being kicked out. Real estate investing is an adventure!

[@JesseVasquezAirVenture]

@@dividenddave6833 oh, gotcha, I’ve actually seen people give money to the squatters so that they didn’t take out any frustration on the actual property. I’ve seen this go both ways were folks can like literally put holes all over the house all kinds of crazy stuff

[@dividenddave6833]

@@JesseVasquezAirVenture Right. Yea. I think it’s going through the court process of getting them out. I’ll do an Instagram video of it after it’s all said and done.

[@hotrodlincoln7186]

Great video. So, how do u talk the owners into furniture the property and, if the can't afford to do it. How do u finance it?

[@JesseVasquezAirVenture]

Hey James, in the situation, I had to manage the property as a cohosting property. Which means the owners had to furnish it. If they didn’t furnish it. I would get a low interest credit card and pay off within the first year.

[@Lynaka1]

Hey Jesse, love your content!! I was wondering if you had to go through a title company to take over the property or was your attorney all that you needed? I’m really interested in acquiring properties through creative finance but don’t know where to start.

[@JesseVasquezAirVenture]

Hi there my attorney walked me through this in depth, I recommend getting ahold of one - we did get a title insurance - I found someone that knew about subto as well

[@Lynaka1]

Thank you for answering my question. You’re the MTR goat 🐐!!!

[@JesseVasquezAirVenture]

@@Lynaka1 thx ms Garcia ! 🙌🏽🙏🏽😂

[@Lynaka1]

I was also wondering what is the approximate cost of real state attorney fees, title insurance, etc. to get the deed transferred?

[@JesseVasquezAirVenture]

@@Lynaka1 I don’t remember but wasn’t more than 6k

[@khalifasogue6638]

Hey Jesse did they transfer the deed to your name? since that is part of subject-to.

[@JesseVasquezAirVenture]

Yes they did!!

[@kimranahmed]

not sure if you already did a video on that but in your experience what kinda property does best for healthcare pros other than being close to the Hospital? I mean a house with a garden backyard may be with pool sounds more livable and relaxing than a multiunit which would come with more rentable rooms with tradeoff quality little bit. Do the nurses/agencies prefer house with higher price or as long as well furnished and convenient it doesn't matter ?

[@JesseVasquezAirVenture]

I have an entire video on this. Check out how to analyze a Market.

[@user-jl2on1vy5o]

Jesse, great video! I subscribed to your channel after watching you on Biggerpocket and have been learning as much as I can as a beginner in real estate investing. By any chance you could share how you analyzed the mid-term rental on Mashvisor? I only saw the numbers on short term and long term.

[@JesseVasquezAirVenture]

It actually shows furnished finder numbers on the right side - you’ll have to subscribe to the full version

[@zeastburg]

Hey great example Jesse, thankyou! I’m trying to understand the subject-to deal more. It sounds like the seller was willing to give up some of their equity to get out of the house, but its not clear how much of that equity was appreciation vs money they put in. What % of their money were they able to get back out of house? I ask because it seems like that would be a negotiating factor in proposing a subject-to. Was $60k all they put in? Or did they just take the hit to get out?

[@JesseVasquezAirVenture]

They put 20% and of 775,000. I’m not good at math as you can tell by this videos a haha but I’m sure it was probably two x to the 60k that they out in -

[@zeastburg]

@@JesseVasquezAirVenture so they had bought the house for 775k w/ 20% down ($155k). Also probably made some principle payments. You paid them 60k, so that difference is the “100k of equity you walked into.” Ok that makes sense thankyou! What a crazy deal man with the turnkey interior design 😭 congrats!

[@cryptonian7706]

how are you people so comfortable in believing you can be occupied the entire year? thats the only thing holding me back

[@JesseVasquezAirVenture]

Us people are running analysis, looking at comps, looking at job demand, looking at growth and having exit strategies in place day one. Plus reserves.

[@shannonburwell]

What about the real estate agent? Did you or the previous owners have to pay a commission? Was it the normal commission?

[@JesseVasquezAirVenture]

No commission the listing expired.

[@adoramshemesh6104]

Great video and very actionable! kudos for your success Jesse and thank you for sharing this creative structure... going now to make some phone calls! :)

[@JesseVasquezAirVenture]

Adoram what’s up brother! Thank you for watching the video! It’s definitely a creative structure that’s for sure. Make those calls!

[@adoramshemesh6104]

@@JesseVasquezAirVenture Thank you brother! already looking at zillow maps... was debating lately how to expand and this sounds like a very smart strategy... also got on the waiting list for your event next month as i was too slow to register... hope to meet up in person at some point soon!

[@JesseVasquezAirVenture]

@@adoramshemesh6104 awesome! Hopefully will see you In SD - we may get some extra seating

[@adoramshemesh6104]

@@JesseVasquezAirVenture That would be awesome will look for notifications from you! 😇

[@ntwynn]

You’re the shit bro. Thanks for all the hard work you put into this video. -Nate

[@JesseVasquezAirVenture]

Thanks Nate appreciate you man!

[@Jameslefrancais]

But I thought you said it’s not in your name. How would you have equity?

[@torrieb3860]

Deed transfers, but the debt isn’t transferred. Look up “subject-to”

[@JesseVasquezAirVenture]

Torrie is correct, I assume the debt , debt stays under the name of the old owner, deed transfers ti me. Think if it like a title on a car, the title is my name but the debt is still under the old owner; I’m paying the debt. Title (deed) is under me.

[@barbielizkimery3509]

Hi Jesse, the “subject to” is it seller financing? Meaning you took over the loan with his current rate but the seller granted the grant deed to your name? Did you have yo have a notary ?

[@anhho6186]

@@JesseVasquezAirVenture how did you draw up the contract? Did you go through Pace or your own resources?

[@JesseVasquezAirVenture]

@@anhho6186 my attorney walked me through 97%

[@slamblam]

Hey Jesse, I have a couple homes in Tehachpi and I wonder if you would be interested in co-hosting them with me?

[@JesseVasquezAirVenture]

Hey! I think that’s too far from me! I don’t have a team there!

[@mukundsalekar6712]

Less bells n whistles. More content please

[@JesseVasquezAirVenture]

My personality isnt for everyone.

[@kkproduction7383]

I’m interested to take the coaching class from you. How would I contact to you plz..?

[@JesseVasquezAirVenture]

Hi! Head over to my site and apply to join my mentorship program. Check it out here therealjessevasquez.com

[@sierrarichardson4127]

I just applied to your course Jesse! Keep a look out for me!

[@JesseVasquezAirVenture]

🙌🏽 awesome! Team should get back to you within 24 hours!

[@EstatusBestia]

Or mid-term sorry

[@JesseVasquezAirVenture]

Hey there! We actually do a mixture of short term and Mid Term in this property. I started with short term because the city of Lodi has a tremendous amount of people that are coming for short durations. The city has become somewhat of a wine country now. In fact it’s labeled as “little Napa” Lots of upside to Airbnb there. We book out mid term during shower seasons and pivot back during peak airbnb seasons

[@EstatusBestia]

@@JesseVasquezAirVenture thank you that makes sense! This was a great informative video. Im now watching you in BiggerPockets. I saw your first interview there. Where you said buy 5 houses and play the game. But then watching this video here gave me some hope. I just started the 2nd video on BiggerPokcets. Hope to get some nuggets. Because I will be starting from scratch zero properties and will use the co-host approach. If you could recommend more videos on that strategy I’d appreciate thank you🙏🏼

[@APadmn]

$8,000 cash flow in Lodi?? Who the hell wants to go to Lodi?.

[@JesseVasquezAirVenture]

It’s one of the most visited areas in the Central Valley, also known as “little Napa” weddings all over - do your research -

[@ElizabethGalarza1]

What an awesome deal you got! Sub to can be great in this market.

[@JesseVasquezAirVenture]

Super good deal! I’m grateful to have found this. But remember I actively went after this deal ti just cohost. Turned into a sub to deal 7 months later -