(You say it’s worth about $100k more than you’re paying so figure an extra $15k.)Maybe you’d be better off partnering with the parents unless they have zero interest?

I partnered with an experienced STR agent, Troy Nowak, and purchased my first short-term rental in Palm Harbor at the height of the real estate frenzy, navigating fierce competition and ultimately overcoming What made you interested in investing in this type of deal?

This kills me.

Thanks Alex and will get back to you - regarding the note space in 2025 it will be a very interesting year

Feel free to ask if you’d like more tips on what to look for in a PM. 

This one came from Massachusetts, a state where the eviction laws are not in the landlord's favor.

This is critical.

The money borrowed from your equity comes with interest, then you have the new mortgage with interest.

And it's very pertinent to today's environment because it doesn't look like interest rates will be coming down much, if at all this year.

There is a lot you need to learn in order to make this strategy work and a lot of ways you can potentially stumble.