Being in second position (a Gap loan) is Extremely risky….do Not do this.

He could have easily sold his Tesla shares instead to fund the deal, but by taking on debt and using them as collateral, one of the things he is doing is avoiding the taxable event that would otherwise happen if he sold the stock, and getting what is probably an extremely low interest rate for the loan.

I'm currently living in California, which the living cost is extremely high, 3-bed townhome with good schools typically costs $900k, and I can't find anything with positive cash flow.

Here's a list of the 15 things we've identified that every STR needs.1 - An extremely detailed HOUSE MANUAL to make it easy for guests to follow the rules and enjoy themselves.

And I'm extremely glad that he said that - I'll be grateful to him for giving me such wonderful advice!

You're probably looking at Zillow rent estimates, which aren't granular enough to take into account Property Class - which is EXTREMELY important in the City of Detroit.Good chance you are also looking at S8 rentals.

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

This is extremely useful.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?

-The repeated design also means you can create extremely high quality marketing collateral at a cost you would not generally want if you were say BRRRR'ing various homes without a standard floorplan. and then you can use this material again and again.