The only reason to look into franchises that flip houses or do renovations pre-sale is because you have existing business that you could leverage on top of this to add more clientele.

Lol.They have decent deals from time to time, but they are usually volume based, not in tune with market, and more motivated to push a sale than to really see if a deal is good or not.

A few chapters in, I can't help but wonder—do the strategies outlined in the book still hold up in today’s higher interest rate environment?

The increasing barrier to entry results in fewer new STR's coming available for sale, but also fewer options for guests to rent. 

What worked for me was focusing on building strategic relationships with top tier people (quality partners) who could complement what I brought to the table—sales, management, and execution.When you are approaching sellers for creative financing, leading with a clear value proposition (and CONFIDENTLY) is key.

Wondered if you used the unit for storage or something like that, if it would qualify.

Purchase price: $920,000 Cash invested: $150,000 Sale price: $1,470,000 Retail Office Space Fix n Flip What made you interested in investing in this type of deal?

Welcome to the wonderful world of real estate!

Wondering if there is anyone that has build a detached ADU in Fullerton, CA in the backyard of their single family home?

If the trust gifts you the property, it retains the original cost basis, potentially leading to high capital gains taxes upon sale.