Its a common misconception that I observe on BP.

This is a common misconception where people sometimes assume DSCR loans are purely based on the asset.

So you'll be further from the town than Aldea Zama and most other popular areas.You're not (necessarily) gonna get more rental income but the developer will have you pay more under the misconception that it's better.

Dan, a popular misconception needs to be addressed. 

This one really kicked off my misconception mindset, defining an area as 'good' or 'bad' - as in what I think about a particular area.

There are studies done reporting the majority of guests would prefer to book with a management company knowing they will receive a professional service.For those who are interested in profitability and returns, not just a hobbie or supplemental rents,I think the misconception is hiring a property manager will result in less money because of the percentage charged. 

A misconception about the real estate professional status (REPS) is that you can be in a real property trade or business (in your case, home building company) and still qualify. 

This does not mean the tenant get a "grace period" which is a common misconception some renters have.

Hey Karen, A misconception about the real estate professional status (REPS) is that you can be in a real property trade or business (in your case, broker) and still qualify.

Common misconception is that you need to have all your ducks in a row BEFORE talking to a lender.