Over the past few years, many groups have raised funds and acquired properties, promising investors impressive passive returns.But here’s the real question: how have these syndications actually performed?

Hi everyone,I’m a novice investor currently managing one short-term rental (STR) that’s been performing well.

This post originally appeared on the BiggerPockets blog.

That said, the right team on your side can make the permitting process and inspections far less painful.I’m curious... as you refine your plans, how do you see yourself balancing the home’s original character with these modern upgrades, and which element of the design do you think will win over the pickiest buyers? 

There is a potential scenario where an outside rescue fund (marketed as preferred equity to new investors) could come into play in many of the projects that appear to be performing especially if they have been paying the pref (via a reserve account stockpiled by over raising funds in the beginning).

I saw this originally at a hardware store.

If I ever brought any of them a deal by.a rookie investor in a market they do not know, with work performed by a GC that has 0 relationship with the investor, they would laugh at me.PML is not just Potsy from Happy Days. 

If you're sure the land will appreciate on it's own, I don't see any harm in going for it, unless of course your money can perform better elsewhere, which it probably can.

I am from that area originally and even manage one in Ventnor and one in Tuckerton/LBI. 

Thanks,James The only reason you could not keep the HELOC open is if there is something in your original loan documents saying the loan would close once it was not your primary home anymore.