Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago, 03/31/2023
First post from new Investor
Hey BP community, i'm a new REI. Been following the platform for a short while. My wife and I are looking to buying a small family property and using it as a STR. I've connected with a few agents and have been receiving listings that are fitting my criteria. We are currently homeowners and will utilize the equity in our home as well as funds that we have saved up over the years and start looking for loans that we can pre-qualify for to fund this future deal. My question is what is the next step in evaluating deals? Should I connect with contractors before I start physically looking at properties to get estimated renovation costs?