I think the folks trying to do Airbnb and short term leasing in Cleveland's many Section 8 neighborhoods are out of their minds.

We drafted a short-term “use agreement” giving her a couple of months to find a new spot for her outdoor furniture and tools.

Shortly after this, I was reviewing some of our financial statements one month and noted a $2000.00 charge from the HOA management company. 

What are you looking to achieve in the short, mid, long term?

Are you doubling down on short-term rentals in tourist-heavy areas, pivoting to long-term rentals in growing suburban markets, diving into value-add multifamily properties, or exploring something completely different?

Well, maybe the Syndicator of YOUR LLC, 100 Main Street, also has formed 200 Walnut Street, and is short of cash.

Private Money or Hard Money LoanHow it works: Short-term loans from private or hard money lenders to purchase the lot and finance the construction.Benefits: Easier approval and faster processing, focusing on the property value rather than your income.Downside: Higher interest rates and shorter loan terms (typically 6-18 months).

Underestimate the costs and come up short needing the funds?

Will you use the HELOC as a short-term bridge, or plan to hold it longer?

Conveniently located in Bryan TX, within walking distance to A&M Bus stop and a short 5 minutes drive to College Station, home to the largest university in the state, Texas A&M.