The idea of funneling debt towards an LLC will help alleviate the DTI on your personal name and free you up to buy the home that you are wanting.Good luck in taking a look, its a fun problem to have.

Real estate is a fun ride, I hope you enjoy it!

Purchase price: $950,000 Cash invested: $1,050,000 We've syndicated the purchase of multiple single family homes, remodeled them and made them into "fun-houses".

It may be fun to organize golf teams and/or pickleball groups.

The year I flipped homes was some of the most challenging, fulfilling, and genuinely fun time I have had working in my career so far. 

(and is no fun.)I’m here to protect people from making very bad mistakes, as I teach Subto “safely and legally”.

Set clear savings goals, but also give yourself a "fun fund" to enjoy small pleasures without feeling guilty.

It's all fun and games until a reckless driver jumps the curb...Since your investment goals are $300 monthly cash flow and 30% equity, you’ll need to make sure the numbers work for both properties under these new financing terms.

However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.

The guy worked at a 7-11 for fun on the weekends.