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Updated over 1 year ago on . Most recent reply

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Alicia R Miller
  • Maryland
6
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9
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Alicia Miller-Short term rentals

Alicia R Miller
  • Maryland
Posted

Hello BP, I am enetering the real estate investing world. I want to do tax deed and tax lien properties, as-well-as short term rentals. I am in P.G. County MD just outside of Washing, DC and Northern, VA. I'm not real sure what the next move is after having found the properties. Today, it crossed my mind about a hard money lender. I wasn't even thinking about that. Is a hard money lender the way to go for a beginner such as myself; and, what exactly is the process with using a hard money lender? Any thoughts on this? Thanks guys.

Alicia Miller

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Travis Timmons#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Ellsworth, ME
1,974
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953
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Travis Timmons#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Ellsworth, ME
Replied

I think that you need 100-300 hours of self education before you do anything. We've all been there and you're in the right place. Feel free to shoot me a message if you want some questions answered regarding short term rentals. I have nothing to sell and would be glad to help if you think that I could be a resource. I'm no help on tax deeds or liens or hard money, but I think that it would be best to keep it simple on your first purchase. 

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