Hey @Mario Morales I assume you're planning to purchase the new property under your personal name rather than through an LLC?

I’m exploring the idea of buying a vacation home near Yosemite, which I also plan to list on Airbnb.

What's your plan for getting started?

A potential goldmine for those seeking to increase property value and generate rental income.However, navigating this opportunity requires strategic planning.

Unfortunately, Covid decided to change my plans, and I made the decision to hold off, in hindsight it was a huge mistake and no one could have imagined that property values could have increased at such a high rate.

The first one that comes to mind is do you plan to keep working while building your real estate empire?  

Unless you are buying at a significant discount, or are hacking it, or have some other value added strategy or plan.

@Jason Mitchell two of the better Neighborhoods of Detroit's 183 that we've ranked.Are you planning to rent or flip these?

It's not just about creating beautiful spaces; it's about making every square foot work hard for both the investor and the end-user.Optimizing Space UtilizationThink about how reconfiguring a floor plan can add value.

NYC laws around rentals—especially short- to mid-term—can be tricky, so you’ll want to avoid any compliance headaches.The biggest challenge with this plan is finding a rent-stabilized apartment that makes financial sense and actually gives you breathing room.