The short term real estate is flipping which is high risk. 

Short sales3.

     Just a reminder to everyone doing short term rentals to check with your county to see if you need to be paying a hotel occupancy tax.

It will be a short term Airbnb rental.Have had success with two other Airbnb properties that I currently arbitrage in the local Pittsburgh area.Purchased the home far below market value with a probate sale.

These expenses can create a paper loss, which may offset other passive income or carry forward to future years.If you qualify for Real Estate Professional Status (REPS) or actively manage a Short-Term Rental (STR), the losses can be applied against your active W-2 or business income, reducing your overall tax liability.

On one side of the fold is your short term 6-12 month goal, on the other side you put your mid-term goal 3-4 years and then on the back you write down that Big Hairy Audacious Goal (BHAG) 10 year goal. 

Short answer: No.

But if the market softens and allows, we will do BRRRR's instead.On the brokerage side, I want to expand my video footprint into short form on 5 platforms.

Long story short if you are committed to house hacking the sky is the limits and there is endless possibility, it really comes down to your comfort level and where exactly you need to be in New Jersey.

Quote from @Brendan Duggan: Good afternoon,I started to lend out my own capital back in January 2024 and have originated 14 short term loans on new construction sf homes.