Purchase price: $189,000 Cash invested: $40,000 Mid-term rental property in a college town.

Hey Matt,I believe in real estate as a long term investment vehicle.

While cash flow is always a plus, I prioritize long-term appreciation as a key factor in building lasting wealth.I’ve noticed that many investors focus solely on cash flow without considering long-term wealth creation.

Hello All,I am new to STR and just in contract with our first purchase. 

:)General question here: I invest in long term rentals in Memphis, but I live out-of-state in NYC, so I was wondering if anyone had any general advice about starting an LLC in my situation.Would you form the LLC in Tennessee or would you recommend forming the LLC elsewhere?

The 6% vacancy rate is a good estimate, but local market fluctuations could affect rent.The HML terms (11.95% with 3 points) are high, so ensure a clear timeline for refinancing to minimize interest costs.

Had excellent success self-managing as an Airbnb in the winter months and switching to a mid-term rental the summer months.

I'd start shopping around for terms and building relationships sooner than later. 

Properties in or near these cultural zones can be prime for short-term rentals or Airbnb.3.

We do long-term rentals and practice BRRRR on every deal.