Also, building strong relationships with your investors and maintaining open communication is key to establishing trust.Your deal structure looks promising, and with your background, I'm sure you'll do well in this new venture.

I’m about 4 years from retirement and regretting not venturing into this world sooner.I’m currently going back and forth on whether to focus on short term rentals in Florida (Destin, PCB) or long-term single family homes in the Birmingham, Al area.

Investment Info:

Single-family residence hard money loan investment in Shawboro.

Purchase price: $175,000

Cash invested: $750,000

Sale price: $1,450,000

This is a current transaction that I'm wor...

It sounds like you're embarking on an exciting journey in real estate investing.Investing in the Pocono area for short-term rentals (STRs) can be a lucrative venture due to its popularity as a vacation destination.Take the time to thoroughly research the Pocono area's vacation rental market.

I want to use the capital from my wholesaling ventures to fund future real estate investment opportunities.

Hi @Keith Yazdan, how did the MTR venture work out for you?

Hey Jacob,A good real estate attorney is invaluable if you’re going to take on this venture.

You're likely not going to find investors for that type of venture on BP. 

I’ve been thinking going the second home/ mid term/ str route. another thought I have is venture further into a rental property but I know with rates, finding a deal that would cash flow would be tough. 

Our financial commitment ensured a smooth and expedited transaction, demonstrating our dedication to providing the necessary resources for successful real estate ventures and maximizing profitability.