Congratulations on your success.

Get familiar with price points in your market and what looks like a good deal. 

Most of our out of state investors in Pittsburgh find success depending on their expectations.

What are you all seeing in the market right now?

In many ways, this is the best market for buyers in Austin in years.

There are several articles that do an exceptional job of explaining who, what, where, why and how tax payers qualify for the ‘STR Loophole’ listed here:The Short Term Rental Tax Loop Hole: A Game Changer for W-2 Wage EarnersThe Short Term Tax Rental Loop Hole: What Investors need to know The implications on the Oregon and California Coastal STR market is a strengthening buyer pool for luxury rentals in the $750-1.5M+ range.

We've noticed 3/1's have had more success as that is what investors are looking for and hindering my chances at a sale.

Hi Dave in Northern, NJ-I am sorry to hear you have a single family rental facing foreclosure.You have it in an LLC and wonder what your options may be to delay foreclosure.Lenders do not want to take properties back and have a nonperforming loan.The best time to work with your lender is as soon as possible but certainly before the sheriff's sale.After the sheriff's sale, there is a redemption period where you can still sell it and the length of time varies from state to state and may depend on if it is vacant (avoid that for a variety of reasons), if tenants have a lease and have rights, or if someone is occupying the property.Working with the lender may not be easy but do not give up.Also, reach out to investors, who buy properties in foreclosure or pre-foreclosure, and see if they would be interested in curing the default and buying the property.To Your Success!

With patience and a solid plan, you’ll be on your way to building a successful portfolio.Good luck!

I believe that strong relationships are the foundation of success, and I’m always excited to network, collaborate, and grow within the Orlando real estate community.