I know that I am taking a huge risk by wanting to build but the existing properties are either in areas I’d never live in or too far away from the Metro Detroit area and I really want to come back to the city in the safer parts before I’m priced out in the future. 

With hopes to build two additional cabins in the future.

Most STR markets have seasonality, and there are untold issues in the future that will effect cashflow. 

I use Eric Kloth out of Redding and he is stuck with us for this and our future home buying needs. 

It’s not just about luxury anymore; it’s about creating spaces that adapt to the future and the people living in them.For investors, understanding these shifts is key.

This is critical because depending on your future goals and what we think the market is going to do, we can structure everything to keep more money in your pocket for the next deal. 

Hi Michael, Using a HELOC to fund your first rental can be a smart move, especially if you want to keep your cash on hand for other expenses or future deals.

Basing insurance price on past losses does not adequately compensate for the future risk which is higher.  

I am currently evaluating Batch Driven, and I will evaluate others in the near future.

Incurring losses every year will mean that the losses will be suspended and carried forward and will offset future passive income.