Both homes are waterfront properties on a boating, sporting and fishing lake in East Texas.  

If you're interested, heres a performance tracker you can use.

All things which we'll continue to discuss.Optimizing Occupancy: Filling Your CalendarOccupancy Rate, another critical metric, paints a vivid picture of your property's performance.

I have never done a land trustWe have a living revocable trust that we set upHonestly I should have done it 15 years ago but did it like 6 years ago.I do not see the need for a land trust unless you are a politician, actor or athlete (someone who is famous).I have done business with multiple billionaires (not bragging but trying to make my point) including several that owned professional sports teams - and even they did not use land trusts…

There is reading about pushups and then there is actually doing pushups or working with a trainer on pushups.I still have ALL my rental arbitrage units to this day and we have added STR properties this year that are performing great!

Not to mention the  emotional toll it takes on a property owner and the aftermath of finally getting your property back then perform expensive repairs.  

By way of example, cash flow is largely relied upon which leads most to invest in zero barrer of entry neighborhoods but the appoach is narrow minded and fails to account for the qualities that are more indicative of a properties performance over time and where the true gains are realized.

We're in the process performing a full renovation on a two-story home built in 1926 located in Fort Worth, Texas, with the intention of flipping it.

Perform comprehensive due diligence, such as financial analysis, title searches, and inspections; also, go over lease agreements with renters to make sure they are aware of their rights and responsibilities.If all goes according to plan during the due diligence phase, close on the property, complete the financing, and get ready for the ownership transfer.

Consider a top-performing operator who already manages assets in the market and has strong renovation skills, is using less leverage, as these deals are starting to pencil out.