I was on a Senate Steering committee way back in 85 on how to deal with all the platted antiquated lots in CA. there are millions lots created before the modern rules and these lots exist today but many are not buildable and are traded back and forth from tax sale buyers to retail buyers who dont realize their 5k lot in CA is non buildable.So there was a big conference in FT.

Other options include partnering with someone with better credit, negotiating seller financing, or leveraging existing property as collateral.

Hi, I have a friend who owns a house outright and uses it as an airbnb. She manages the property by herself and it's successfully pulling in 125k/yr. Title is in her name. Here's the drama part, while married her husb...

Quote from @John McKee: IF you took your 600K today and put it into mortgage notes at 12% you will have $72,000 a year or 6K a month in cash flow right NOW! 

I just bought a rental for 30% down and have a 6.375% 155k mortgage on the place. 

With such low rental yields, the return on investment (ROI) and cash-on-cash (CoC) return are negative when factoring in mortgage payments only, not including any other factors.In this market, it seems almost impossible to make a profit using traditional rental property investing strategies.

Just because you're not finding them doesn't mean they don't exist.

You may not want your heloc tapped that long as the rate is generally higher on a heloc than it is on fixed mortgage rates. 

As I'm sure most of you know, a long-term rental is simple since the only recurring expense I own is the mortgage, whereas with a STR I'll own the mortgage, internet, utilities, furnishings, cleaning fees, etc. which just makes my projections a bit foggier.I'm looking for feedback on the below expenses and wondering what else I should be thinking about, that I don't currently have listed.

For ballpark numbers, we bought the home for $850k ($715k left on the mortgage), and once the renovation is complete we'd be looking to sell for about $1.5M.