In addition, through my networking and contacts, I would like to introduce Canadian investors to my American investor / developer network and vice versa, as I do have some U.S real estate experience in the following markets: Aspen, Los Angeles, New York City / Hamptons and South Florida.Thank you so much to Josh, Brandon and everyone behind the scenes at BP for making this a truly wonderful platform so as to help one another and do deals together, hence I am very excited to be a member!

One of the benefits to the SLLC is that you file one document with the state and can have a lot of separate companies behind the scenes that are not as easy to find.Hopefully this logic makes some sense.

This would result in about $50,000 in equity for me to play with.However, it is important to realize that, behind the scenes, my business partner (twin brother) and I own this project 50/50--although it is currently owned in my own personal name.

He is running some behind the scenes operation like Marquis/BuyPd to keep outside banks away or simply going after cash buyers who can afford the low price tag?

I must admit, I am new to the STR scene so any insight as to why I should switch up to shorter term rentals as opposed to longer term ones would be most appreciated.My thought process was, shorter term rentals could possibly lend themselves to young adults looking for a party location and perhaps even older guests that due to the short term rental nature of the stay would care less about taking care of the premises.

Can someone please explain to me what happens behind the scenes?

How is the real estate scene there?

true Daniel, but AirBnb is not my primary objective.In Germantown the STR scene is inconsistent.

I have successfully take this route and had tenants ordered to pay.The increased fee is bad for landlords in one scenes but when tenants are ordered to pay, such as with a L9 application, it is a major incentive to never pay late again. 

it seems like a tough market to find good rentals in, so my thoughts have been that the market may be better for the wholesale/rehab/commercial scene.