Then walk away.Focus on lead generation—true motivated seller lead generation.

We are planning to finance with a second mortgage and will use the property on occasion but would also like to generate an income and/or offset the mortgage.

That means, take anything I post with a grain of salt :)FF for us started off as our bread and butter for lead generation, but as we added more units, we added AirBnB and Vrbo.

Now, my focus is on building a strong portfolio, deepening my industry knowledge, and creating generational wealth through strategic investments.Welcome to the area!

The rule I plan to enact is paying myself 10% of the revenue generated from wholesaling quarterly.

you say that you "were told to" get an STR for tax purposes, which seems odd, and that you only have 30-40K... and you might use HELOC money to help with the down payment, which will just put tremendous pressure on you to be profitable and support all of the debt.unless i am missing something i would back up and regroup before you buy a random STR in a random market and hope it supports all the debt you will have to have...

You can search on Google, attend REI meetings, or explore Facebook groups.People invest a lot of time and energy in generating off-market leads, and connecting with reliable, reputable sources who supply quality deals can be a game changer.

Plus, turnkey properties are already renovated/updated (sometimes with tenants in place), so you can start generating cash flow right away!

Hello everyone,I'm a beginner real estate investor who is thrilled about the opportunities to build wealth and generate passive income from real estate. 

Closed-end private equity style offerings generally have very different liquidity profile than a private credit fund (or interval funds), where the investor lock-up period is generally longer, with most of the returns being generated at exit (or back-ended).