Devin my lending business has a very Narrow niche our specialty is the 200k under BRRR that all these BP members want for rentals in the mid west.. we put them into title and let them refi or flip..

I sell long-time rental houses by owner net of commissions.   

I am a rookie and I am ready to begin finding my first rental property.

I'm looking into a platform named Pad Split as I have a property that would probably work well for that in Florida. I'm assuming that I could probably do an STR in Lakeland Florida, but don't think because of the loca...

I mainly deal with short-term rentals, requiring constant turnover and restocking supplies.

Memphis can provide an excellent platform for that, with its combination of affordability, rental demand, and landlord-friendly environment.If you have any more questions or need further guidance, feel free to reach out!

Any recommendations or referrals for General Contractors who work with out of state investors and do quick rental rehabs?

You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.

The first question would be if you can offset the rental losses against your other forms of income.The second question would be what is your tax rate.if you can offset the rental losses and your tax rate is 30%, you will get about 30% back for the rental losses.

This past Friday I closed on my first rental property.