We just helped one of our investor clients purchase a multi-family primary in the Boston area. 

Activity DescriptionTenant recruitmentTenant screeningNegotiating and executing leasesOverseeing repairs and maintenanceCommunications with tenants and vendorsTravel timeResearch for potential rental real estate (pub 925)Acquiring rental real estate (pub 925)Paperwork/bookkeeping/bankingResearch and purchase of materialsRent collectionEvictionOn-site cleaningBill paymentOther:Time SpentDate

Hi Deepak, Our group just helped two clients purchase a second / vacation home.  

Purchase price: $19,000 Sale price: $20,000Got a lot under contract for $19k in Port Charlotte, FL.

My wife and I work together to purchase and manage our rental portfolio.

Otherwise, Incline Village & Crystal Bay are one of the easier places to purchase and run a short-term rental.EAST SHORE, NEVADA - DOUGLAS COUNTYThere is a 600-permit cap, as well as a limit on density (the total percentage of STRs that may be permitted) per neighborhood area.

The properties have been appreciating since I started purchasing them in 2017

Next I'll be reading Real Estate by the Numbers.I plan on purchasing a property toward September/October 2024, so I'll be learning, networking, and getting things started until then :)Thanks for reading and looking forward to contributing to this amazing community!

@Luka Milicevic They can liquidate the cards for you (for a fee of course) so you can make purchases with cash.

Purchase price: $430,000 New construction. 5.99% interest with a 5 % down.