Some lenders have limits on the maximum loan amount of a fixed second mortgage or HELOC between $250-500k although many have unlimited cash in hand but still based on the loan to value.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Her book is based on her actual experience with her STR properties. 

It’s great for getting an idea of what similar properties are going for in your area.Zillow Rental Manager: Not only can you list and manage your rental property here, but it also offers rental price estimates based on local market data.AirDNA: While primarily focused on short-term rentals, AirDNA offers data that can help you set prices for medium-term rentals by providing insights into occupancy rates and revenue projections.PriceLabs: This dynamic pricing tool adjusts rental rates based on demand, seasonality, and local events.

This usually means someone who sells you mutual fund investments and products based on life insurance.

It definitely feels more like a 'who you know' type of game.

I’d say that attending a training seminar/mentor/YOUTUBE videos, etc and trying to put a deal together based on that information makes putting the deal together a one in a hundred shot.  

There were program members who did get a property under contract within the first 90-120 days, so it just varied based on the investor and the property avatar that we built.

20% of the time the expected gain is $20k45% of the time the expected gain is $035% of the time the expected gain is -$10kExpected value (gain) = (.2 x 20k) + (.45 x 0) +(.35 x (-10)) = $500So, the book is correct.Some like to dismiss AI, I disagree, if used correctly it can be a great help.Try asking Chatgpt the same question again but with the word ‘gain’ instead of ‘value’ and see what you get.

Austin Market Update: Still a Seller's Game, But Inventory Grows (April 2024)The Austin housing market continues its shift towards normalcy in April 2024.