I am exploring options - sell his place, use is as a rental or take some equity out if it to purchase another property (I was thinking maybe a short term rental on the lake)?

Are you doubling down on short-term rentals in tourist-heavy areas, pivoting to long-term rentals in growing suburban markets, diving into value-add multifamily properties, or exploring something completely different?

I wanted to be able to help educate people, especially the underserved community, about real estate, whether buying, selling, and assisting with the process of foreclosures and short sales.

Investment Info:

Single-family residence commercial investment investment in West Sacramento.

Purchase price: $500,000

Cash invested: $100,000

AirBNB in West Sacramento

A couple of things I like to tell my newbies-Owning a short-term rental property can offer significant financial benefits.

A lot of wholesalers are in the business of short term transactional deals where they can make $10k here and then never speak to the buyer again.

If none the file will be suspended or denied.If you have any questions feel free to reach out since mobile/manufactured are very complicated if you do not have all of the facts.

If you ever have any questions feel free to reach out and ask I enjoy helping and offering tips and loopholes to help save time and money.

the lis pendens was dated feb 25th. im purchasing this from a wholesaler who stated the transaction will result in clear and free title.

For 2023, since your property was rented out with an average stay of under 7 days, it should be classified as a Short-Term Rental (STR).