My first STR, purchased in 2005, was negative cash flow for 4 years.

I'd really appreciate any insights or resources from those of you who have been through this process.

When my business partner and I were still flipping we bought a couple through Auction.com and we always used a private money lender to fund those and our other flips. 

@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

The real estate market has shifted dramatically in recent years rising interest rates, evolving buyer and seller expectations, and fluctuating property values are keeping all of us on our toes. For fix-and-flip pros, ...

I graduated college may of 2024 and was only working part time through college not making enough to be lendable obviously.

If it's worth $1.3 million today, it will be worth $3 million or more in 20 years, you'll have paid off the debt (or most of it), you'll earn at least $3 million in cash flow over those 20 years, and you'll have tax benefits.

If you buy the existing furniture, it’ll save you time and let you start hosting sooner, especially if the permit comes through quickly.

That's a steal, if you were going through me we'd be at 75-100k for this huge project.

high interest rates have hurt cash flow and long term rentals are still a great investment... they're just not going to throw off rental income in the first few years of ownership.