I was wondering if I rent to those, what about the 3 summer months?

Take action by summer next year and focus on progress rather than perfection.Good luck!

I just bought a Lake House in Maine this past summer.

As listing inventory began building up in the spring, we saw prices soften a bit as the summer progressed.

Purchase price: $360,000 Cash invested: $96,000 Purchased my first investment property in summer 2017 while living in SF, a new construction home intended as a long-term buy-and-hold.

The thing is there was a lot of appreciation in 2021 and parts of 2022.Real estate didn't appreciate(in general) much from Summer 2022 to start of 2024.In general, the investment, while lagging behind the stock market return, is not a bad investment.You got 10% cash on cash return in year 1 and 8% cash on cash return in year 2.It was negative in year 3 but that is okay if you beleive it to be around 10% going forward.A lot of investors are starving for cash-flowing deals so I am surprised these properties didn't appreciate much.

I have been interested today through all of this conversation (last day of school for my kids so I had less on my plate than usual waiting for them and all of their pre summer energy to arrive).Regarding the Anti Guru sentiment....I agree WHOLEHEARTEDLY...the sad fact of the matter is that many are NOT worth their price tag.

@Laura CasnerFocus on quality over quantity in real estate investing, celebrate progress, refine criteria, explore secondary markets, and explore different property types.

I bought a house-hack last summer in which the sellers made significant improvement to the property.

Get it rented through the winter, then you can rent it at market rate in the spring/summer.