However, always stay updated on local regulations related to STRs.In conclusion, Albuquerque presents a fascinating blend of opportunities for both new and seasoned real estate investors.

Understand Chicago ZoningChicago’s zoning regulations vary by ward.

I updated the electrical, painted everything, and “cleaned the property up nicely” exterior and interior.

Thanks for the update.

If you are able to manage it yourself, I think you will get a lot of very helpful education in real estate by spending a least a year or two doing that.You'll be able to work with property managers a lot better if you've done the work yourself for a bit, and it also helps to get familiar with the various laws and regulations you have to comply with as the owner, even if you do have a property manager in place (e.g., the new RI rental registry and associated lead paint inspections/certificates).It's up to you whether you're able to do it, but I think you'll get a lot out of the experience if you can try it for a year or two.

It's December, and it's time for another Las Vegas update.

I let the original borrower know they needed to update the lender on the new insurance policy. 

I would assume they are providing frequent updates to investors on a monthly basis, including status updates, property updates, and fund updates to maintain communication.

Everything went wrong with this investment:
   - Took 4 months longer than expected
   - Cost $10K more to build than we anticipated
   - Sold for $20K less than we anticipate...

Can regulations change?