That is awesome, that must be exciting for sure - I hope the sell goes quickly and smoothly for you!

There are auctions, city grants, and financing programs designed to help people revitalize neighborhoods.

Hey @Akku Kumar,Very exciting time getting that first rental property!

Most institutional DSCR lenders prefer one lease per property/unit, however, I've seen programs allowing rent by room strategies.

Wait for her to bring it up.Don’t focus only on sacrifices and future payoffs.Highlight near-term benefits, not just “someday we’ll be rich.”Don’t force or bribe her to attend meetups.Invite her but dont push itDon’t try to teach them to analyze deals.Focus on what excites themFYI I had to deploy before my wife got on board.

I am just a guy who tends to give illegal advice, I guess.And finally, folks need to be aware that while many travelers pick the nomadic lifestyle for some of the awesome reasons: travel, excitement, variety, some pick it to try and increase their income to a level where they can earn their way out of terrible financial situations or decision making.

Account Closed Hi Rhonda, If honest I spent about $8,000, some say its a lot, (my parents did) some say its small when compared to many programs out there, either way I took a leap of faith and saw the potential it had for my future.  

We're excited to have made the plunge and likely will add a second STR in 2-3 years. 

Investor pays $2K program fee and 25% of the note acquisition price (they finance the remaining 75% via a participation agreement - at 12%).

Excited to hear about your plans for 2025—let me know if you ever want to chat about the market or need any help finding deals!