Hey all, I am new to long-distance real estate investing and probably did everything wrong on my first investment property. I bought a 3 Bedroom SFH in Cahokia Heights, IL on April 2024 and it is STILL NOT RENTED TODA...

There’s no real reason to jump into another market unless your goals shift and your current market doesn’t fit anymore—or if the market itself stops producing the results you need.Mastering one market and squeezing every opportunity out of it is a much better play than spreading yourself too thin and getting half-baked results in multiple places.

And one would have to get with the companies that produce these debt instruments to rewrite them.. most banks use the same providers for their legal docs.

Curious to here if anyone has recent experiences to share, as I've heard they may be in financial trouble.  

I found a property in my area that would produce decent cash flow and appreciation; however, I would have to use funds from a HELOC on a different rental property for the down payment.

If you are using STR, REPS, or self rental with material participation to convert to active or nonpassive income, you do not have to do this if you have passive business invesment that produce passive income that will exceed the loss generated by depreciation.

Out of respect for this person I apologized for my repeated calls and told them I didn't wish to get them in trouble just needed to talk to someone that had the answers.

I’m having trouble determining the correct monthly rental rate for my property.

If you love property management and want to start a business keep looking into it.Otherwise keep buying income producing properties to generate wealth.

I've lived in the city for over 10 years and have been in a lot of apartments, and I can't see what it is about the unit that could be giving me so much trouble.