Hello Everyone,
I am looking to get started in the STR business soon and have been interested in the Wisconsin Dells and Baraboo area. I am aware of certain zoning and regulations but am looking to further my knowled...

When you go to refinance, no lender is going to offer much better than 65-75% LTV, which means under the best scenario you'll be $27,500 short in repaying your lenders.Are you financially prepared to make up the difference?

You could try getting a HELOC with your primary and using this money as short term funds to acquire rentals that need a light-medium renovation using 100% purchase/rehab hard money and just using the HELOC to pay points and holding costs.

Given the strong local market, holding onto the renovated home and aiming for appreciation could be wise, especially if you believe it will outpace your short-term costs.

The most important factor is consistency, as jumping from one strategy to another over a short period is ineffective.

How does one offer or inquire about a short sale?

., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.

Anyone concerned about sellers should ask why we have so many people unable to afford their homes and motivated to get rid of it on short notice, with most or all of their mortgages already paid off.

Long story short I signed a Buyer's Agent agreement with an agent who we had purchased through (they were listing agent on one we bought) and liked.

I love that MTR turnover is not as frequent as short term rentals and there is usually higher opportunity to cash flow each month, although there are added expenses such as utilities, lawn or hoa fees etc., to account for.