Defintely lean on those who’ve gone through it before.. it’ll help you dodge those pricy early missteps.When I looked into places like Omaha, Austin, or even San Antonio or Phoenix, I noticed a certain rhythm... and Invsetors I know actually learned a lot just by sitting down with some local landlords over a cup of coffee and hearing stories.

In the 90's it used to be 24%.

The property sits on 5 acres, and after a successful first year with cash flow, I’m exploring ways to expand.Initially, I considered building another home on the property to use as a second STR.

The challenge newer investors face is that overpriced properties tend to sit on the market for 60+ days and they see them all the time.

I am curious if anyone has had success in other areas let me know.We are thinking of relocating as it looks like there is no end in sight for this.If you had 250k to spare or sitting in a non interest bearing account, you could look into the hard rock hotel condos.

Nobody wants a unit to sit vacant, but if you make your decisions based on fears like that they are more likely to be short sighted and make the situation worse.

Otherwise you are left sitting on the sidelines waiting and hoping, which I have never seen do good for anyone.Strange how I keep getting their emails to still invest in these funds.

Moving forward to next year, Im planning 15,000 calls because over 200 calls per day is unrealistic. 61 days of making calls in sitting close to 146 calls per day of calling.

You will likely need to sit on the unit for a long time or reduce initial rent below the market for that unit to rent during the Winter. account for this by either offering a Winter special that will increase to market in the Spring or doing a short lease that ends in the Summer.

One area that I have thought of are homes that sit on the market for a long time for sale or rent.