I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

I work with a real estate investor who owns multiple rental properties in Las Vegas, and a while back he shared some insights that might help.

Currently, I have a weekly check in with my current contractor, but alot of time it is a chasing game.

My wife and I are eager to build multiple streams of income, and we believe real estate investing, particularly in multi-family homes, is a great way to achieve that goal.

Multiple things can be true at the same time.

So many "investors" bury themselves in complex, expensive situations to protect themselves from some unknown threat to their non-existent business.Figure out if you have any shooting skills (or even enjoy the game) before spending money on $600 Nikes or an indoor basketball court. 

Do you even know why investors create an LLC, or multiple LLCs?

There’s usually not more than one investor with interest in any parcel so there’s is absolutely no incentive for the investor to pay a “wholesaler’s fee” in this scenario.In the scenario where the land is ready for development, and the economic conditions make development a profitable activity, the land owner has already been approached by the developer or multiple parties with offers to purchase.  

I have been frustrated with multiple things that my current property management company has been doing, and I don't feel like they communicate very well with me.