$482K Cost to Build & $330K land costIn this case, we started to pitch to outside investors, but are now negotiating with the current land owner to put their land into the deal as equity and JV with us.

I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

I guess they have more land to build there so it might reduce the appreciation there?

The builders that were building rentals are most assuredly going to switch over to rebuilding the higher profit multi-million dollar homes.

As a realtor in the Boston area for the last ten years, and successful AirBnB owner up in NH, I’m ready to shift my focus to building a strong cash flowing portfolio.  

Hey GaryI manage about 65 units in FL and I broker for STR buyers in this market, and some do self manage.Obviously the ones who choose us for management, we can assist with all of those items, but the ones who self manage do so by building a team. 

That can get you some money up front to continue to build your portfolio and it takes you out of being a landloard and puts you into the position of being the bank instead. 

Digging into off-market opportunities, networking with wholesalers, and building relationships with motivated sellers can put you ahead of the competition.🔹 Creative Financing – Traditional loans don’t always work for distressed properties.

I’m curious what rates look like these days for a commercial apartment building around 1.5M.If any lenders could chime in or investors who have seen recent rates please share!!

Across the street is a big embankment, so no houses or land, but there are several three story apartment buildings on that next street.