Cons:- More upfront time and money: The actual hours and dollars required to set up an AirBnb vary based on the unit’s size and the level of luxury you would like to offer; yet it cannot be ignored that furnishing a unit takes a considerable amount of time and money at the outset. - Management time: The time allotted for managing your STR property(s) can also vary greatly based on whether you have outsourced each task required.

Don't buy a luxury on a credit card thinking it's a deal- add 25% to the price and wait to buy with cash.

I doubt Community College will teach you anything you will ever use to make money in this business.If it did, the teachers would all be driving Rolls Royce's and living in multi-million dollar mansions--they are not.If you want to learn about SFH's (the bones and the guts of them) vs being a hammer swinger putting up framing (which you don't need to go to college to do)...study to be a home inspector at someplace like the InterNachi... https://www.nachi.org/become-home-inspector.htmOnce you earn the badges you will know your stuff about SFH inspections.But still that's a big commitment and it's not needed to make money in this business...you can hire Home Inspectors, just like you can hire tax pros, bookkeeping, and etc...If you want to learn how to "put in cabinets", "replace a toilet", "shingle a roof", add a dormer, etc...you can learn on YouTube fast and easy.If you want to learn how to frame, get a job 9 to 5 with a framing contractor, and get ready to WORK HARD.Here is a 582 page picture book of how to build a house: https://www.amazon.com/Complete-Visual-Guide-Building-House/dp/1600850227Sit down next to a Keurig Machine with a book like this and your favorite mug and learn at your own pace.  

Hi everyone - looking for contractors that are more investor targeted (so many seem to specialize in luxurious renovations and only want those jobs).

Found this beautiful home and it got me thinking. What kind of vacancy would a house like this have out in rural north east areas like NJ/NH/PA? It would cost me just under 50% of my net income to pay the mortgage ($7...

., from Manhattan apartments to California mansions, but the problem remains.More than $2.3 billion was laundered through U.S. real estate between 2015 and 2020, according to an analysis cited by the Treasury.

The big guys only buy MHP to level them and build luxury apartments. 

Where are you buying your luxury vinyl tile?

I would much prefer giving my rent money to an investor that cares about their tenants rather than throwing money at some luxury building that feels soulless.I thought it was simply easier coming to the website where property owner's talk rather the hellscape that is Facebook Marketplace or Craigslist. 

Pools are also not permitted with Streamline OptionFull Repair OptionMinimum of $5,000 in improvements203k Consultant is requiredFHA Approved Single Family “construction manager” who oversees and inspects the rehabilitation work from start to finishNearly any type of repairs is allowed (luxury items are not).