I'm aware of the 203k loan, isn't it true that you have to hire contractors to do the work for you?

A lot of landlords are advised to put their properties in the name of an LLC for asset protection.While this is basically true, the reality isn’t what most landlords think.If a legal issue occurs with your property resulting in a lawsuit, there’s a decent chance the plaintiff’s attorney will be successful in “piercing the corporate veil” of your LLC and being able to sue you directly.

The same is true with real estate investing.

It would be interesting to hear from some experienced appraisers if this could be true - not practical for a park, but might on acreage.

View report*This link comes directly from our calculators, based on information input by the member who posted.This is my analysis of a wholesale deal, The numbers look great at $200 in cash flow. but this seems too good to be true for a wholesale. 

If you want true ROI, then you will need to make projections of how your property will do at some point in the future.

Is this true?

Projected cash on cash return was slightly above 14%, now 6 months into ownership we will be able to run more concrete numbers-however this is holding true.

Projected cash on cash return was slightly above 14%, now 6 months into ownership we will be able to run more concrete numbers-however this is holding true.

short term rentals are not only vacation homes, nurses, workers, consultants, family, etc. all use short term rentals in traditionally non vacation marketsMaybe so, but a true vacation rental in a tourist area is going to do better than in an area where you best bet is to get a traveling nurse for a few months.