The Latest OTM episode calls out some markets that I've been hearing about for a while, ie Dallas, but one specifically that caught my ear....

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Marketing is all about message resonance.

Start with Reonomy or Costar to identify all the 100+ units in your target market (on and off market) and then see if you can get into direct contact with some owners.

It’s not an arms length transaction if your wife owns the selling trust that’s buying her parent’s property for less than market value.

To find value on residential 1-4 unit properties you could ask your realtor to run comps or complete a CMA(Comparative Market Analysis) on a subject property once you find it.or you can find the value on your own.We use prop stream to run comps. 

When you mention STR, are you referring to a specific type of short-term rental classification, or is there a particular regulation you're looking into?

If you do not qualify, you would then look into if you would qualify with renting your departing residence. 75% of the lease will be used to offset that departing residence mortgage. as you mentioned the timing of renting the place can absolutely be tricky so you would hope you do not have to do this.Finally, and I guess would be sorta of a trick, but we do bridge loans on occasion in this case IF you can qualify once you get the property rented at market value even if debt to income ratio is too high before it is rented.

Look at their marketing strategy.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)