Or maybe a liquor store, which may seem innocent, but could bring in a different crowd.In terms of "when to sell," it's all about what you plan on doing with the money.

But I learned hard work for no money. 

Some investors use conventional loans, while others use private lenders, hard money loans, or partnerships.

We used $100k of private money and the rest was personal cash.

I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.100% occupancy sounds great, but for a bigger portfolio or apartment complex, it usually means you're leaving money on the table.Here’s an extreme example: I could rent out 100 units at $500 a month and make $50,000.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

I understand that you don't pay taxes on borrowed money.   

Don't get me wrong, you can make good money with STR, but having a property already to your name with some experience of being a landlord will only help - and you will already have a property under your belt.Good luck!

My name is Christin Milton and I am a Private Money Lender.

I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.