Quote from @Melissa Sejour: I was looking into strawberry mansion.

We like the short-term rental idea because we could stay at the property ourselves when we want - summer break, spring/winter breaks, etc.Our budget will be right around $1M or less ideally, and we would like a short distance to the ocean.How likely is it that we could find a property as described above and have it cover or come close to covering the mortgage? 

If $10k will make or break you then stick to all the amazing free recourses on BP, podcast, YouTube and local mentors.

You know the model and have systems so tapping into your equity is a smart move.

Hey Annie, congrats on taking the leap into short-term rentals!

Quote from @Matt McNabb: I'm a solid $400k/yr job in NYC and have $250k to begin investing as my first step into building a portfolio, although I don't have time to be a landlord so I have to account for management fees.  

Things break and issues occur every day of the week, uplanned. 

Their underwriting is pie in the sky unrealistic and puts little or none of his own money into his deals.

I’m not saying someone won’t get tricked in to either side of the bad deal.

I bought 6 unit property in Wildwood,NJ,in November 2024, doing rehab now,  should be done by May 2025I am planning to subdivide 6 unit building to 6 separate condos and sell fall 2026, , if there are any experts in 1...