It's critically important to make sure you know the exact zoning in regards to minimum stay requirements before you go too deep into a property.

If you struggle with this, it is even more reason why making sure you follow all of the other tips I have provided is critical to increasing your chances of hitting your goals.5.

For cash-on-cash evaluation of rental properties, it is critical to identify ALL of  your acquisition costs. 

But one of the most valuable lessons I’ve learned in my journey is that relationships are often the most critical part of success.

It scares me thinking about trying the Airbnb route but this area has two distinct tourist seasons in the summer and winter so it might be worth it for at least some of the units.

There are multiple ways to utilize equity without paying taxes, such as cash-out refinances, HELOCs, and 1031 exchanges, making appreciation a powerful wealth-building tool.Many people lump all of California into one bucket, but it’s a massive state with many distinct markets.

At the heart of effective property management lies the ability to balance the competing interests of three critical stakeholders: owners, tenants, and vendors.

It’s true that while the 10% down payment for a second home sounds appealing, the fact that rate adjustments are now similar makes the distinction less about cost and more about strategy.A few years ago, I helped a couple in San Diego navigate this exact decision.

Due diligence is critical. 

Builder’s risk insurance isn’t something that gets talked about enough, and your experience really highlights why it’s so critical.