A borrower really needs to have at least some "skin in the game" to make lenders feel comfortable.

Sometimes I feel wholesalers might be intimidated by REI Nation's reputation so I try to stir up some new connections!

 @Zeona McIntyre how do you feel about the long-term profitability of MTRs?

When entering the apartment, it just feels like a house full of squatters. 

We have a dedicated team whose purpose is to ensure that our passive investors never feel disconnected from their properties.

Feel free to message me if you have any specific questions as well.

Please feel free to reach out to me and my team if you would like to come up with a game plan and build your buy box. 

Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.

Feel free to reach out if you have any questions.The Short- Term Rental Loophole ExplainedThe Short- Term Rental Loophole Explained

I bought 6 unit property in Wildwood,NJ,in November 2024, doing rehab now,  should be done by May 2025I am planning to subdivide 6 unit building to 6 separate condos and sell fall 2026, , if there are any experts in 1031 that can help me?!