Hey Lords and Ladies,
As I embark on my real estate journey wearing both the investor and Realtor hats, it’s becoming clear - the STR scene is going to be one of my core niches. My personal trusty cash flow analyzer ...

I am in the process of creating 2 generic templates for the purpose of “having back of the napkin, Underwriting early in deals”. 1 will be ground up Development and 1 will be redeveloping existing buildings.

My thought process is that this would be an equity play but am worried that I would be handcuffing myself for future investments.Option 2 House Hack with Partner: My friend/ potential partner is looking to do the same thing.

The more changes, the more convoluted that process becomes.

Especially if its amounts for like 1200 or less, could be easy money once they recieve a letter from an attorney talking about initiating the foreclosure process.

Hello, we are in the process of pherchasing our first property( Hopely) Seller is a bit motivated to sell and we want to do short term rental. when you submitting offer how do you guys calculate?

I'll iron out a process to get started and start making some calls.Does that all sound like a decent starting point?

Still, I am early on in the education process so I am looking for any connections and advice I can find.

Assessing financial objectives, property costs, rental earnings, tenant interactions, and market patterns is key to making well-informed choices.Good luck!

Your post may resonate with someone who is in the process of listing a traditional rental but who had never previously considered arbitrage.Please keep us posted on this thread on how you ultimately find your successful leads.