Contrary to popular opinion, I don't see us going back to yesterday's rate environment, and I'm not anticipating being able to obtain investment property financing at sub 6% at any time in the near future without heavy buydowns. 5-7% is the historical norm for mortgage rates - it's not like 7% for an investment property is outrageous or shocking, and this is the ballpark I use to underwrite my deals. 

Of course, this assumes you have a well-written lease.5) Yes, this is an unfortunate event and we all feel sorry for the tenant.

@Guka KaguReal estate investing is a pretty solid investment strategy, and flipping houses is one of the more popular ways to generate cash flow.

Feel free to post or message me, and we can start with getting the Intention Journal by Brandon Turner first and then figure out the details later.

You're right, STR is popular in Spain.

Yesterday, I posted about 5 tips for new investors and multiple comments were to go more in-depth so I will start with my first tip, Every Market has deals.I will give a few examples:In 2023, I bought four Mobile Home Parks.

If you ever have any questions feel free to reach out I am always happy to talk REI and help.  

You may also want to call local property management companies to get their estimated rental amount and their feel for the rental appeal of your property in the area, etc.* Talk to your tax professional and find out what your tax implications are from inheriting the property to buying out your brother and putting it in an LLC, etc. * Also find out if the property's tax assessment changes with any of the scenarios above.

Whether you have tips to share or want to collaborate on a project, I'm all ears!

Feel free to contact me!