We’ve had great success with our listings, regularly achieving 5x the market average ADR on Airbnb and receiving frequent offers from local realtors to purchase.We’re now considering scaling up with a new project and have been approached by a friend who’s interested in partnering with us, providing financing for renovations.

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

You can find some deals on the market, but they are definitely the lowest hanging fruit and always attract a lot of attention.

This should have been an off market listing.

I will be making another purchase by June of next year, so there is plenty of time to find my perfect market. 

Hello community,I am working towards doing my first wholesale deal and I am wanting to do it as a double closing (transactional funding ).

I am a real estate broker and have access to market data for valuations.

This year, I sold 3 of my rental properties (one has a large capital, one at a loss (because I bought it at the top of the market), and the other one breaks even).

When we take over a property, and the rents are $400 less than what market is, as in your case, there' usually no way that resident can pay.

My wife and I purchased our first rental property here in Maui in June of 2023 to use as an STR as it was a consistent market, numbers worked, and we live 5 minutes away from the property so self-managing made sense!