While this is all going on, what research have you done to compare LTR and STR options?

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

How much more contingency do you have to work withI do not know the local market, but what are the comparable with the STR market to this place.

The missing element/data point here is the market rents in the area and how your units compare to the market.

Private money lending often comes with fewer restrictions compared to traditional lending, but there are still a few costs you might incur throughout the process.Private lenders often charge points (1-3% of the loan amount) as an upfront fee.

It’s just too short compared to the more extensive ads from your competitors.

Write THAT number down, call it YStep 3:Compare those two numbers.Hector be very honest for a second.

Keep the comparable data just in case.

Terms: Compare loan terms (15 vs. 30 years) to see how they affect payments.Consider refinancing the condos or a HELOC on the 3-plex to access equity.

THIS MATTERS IMMENSELY with any group you join, to be surrounded and coached by people who are successful and looking to achieve the same goal.This is not a DIY BRRRR program so to compare it to youtube videos and books is silly to me.