Highly recommend, a must for new investors looking to develop systems and invest long distance.Today’s Interest Rate: 7.28%(☝️ .21%, from this time last week, 30-yr mortgage)Mortgage rates are up significantly this week, following a move in the spread between 10-yr Treasury and 30-yr mortgage rates.

These days with rates being higher though, it might be better just continuing with blanket financing with 5-10 year balloons and interest only / 30 year amortization.  

I feel the time is good since theirs fear and people are hesitant because of rates not dropping, thus giving me a opportunity to make this move. 

That said, I also have a friend who does flooring and gets a warehouse discount, so thats a plus. 

.- Slowdown the rate of your posts- Personalize your messages and make sure they areunique in content.

If you flip a house with in a year and incur a tax rate, “ordinary income”then does all of your other income from your rentals “long term income”get taxed at the same rate as ordinary income?

We have been in the vacation rental space for 8 years with a 5 star rating in 3 states.

I frustratingly see so many deal offers, particularly in Multi-Family space, where GP/sponsor is putting nothing or next to nothing into the equity portion and is collecting 2-3% acquisition fee/ 0.5-1% loan origination fee/ 1.5% yearly asset management fee/ 1-2% disposition fee and then 50/50 splits to 60/40 splits over fairly modest hurdle rates of like 14-15%, and it seems this latter structure incentivizes GP to take more risks particularly with debt options.

Can you charge higher rent to make up for the power bill discount? 

I let people know upfront what is the required minimum monthly income, what is the total required move-in money (I pro-rate the second month), length of time on job,  no accounts n collections   etc.