We find properties down this way all the time for 200k - 250k, they need 100k and are worth 450k - 500k after.

Hello, I’m searching for a property manager for my three family, gut-renovated, vacant property in Bedford Stuyvesant Brooklyn .

In contrast, hard money lending usually comes from specialized lending firms or investors and focuses on the property's value rather than the borrower's creditworthiness, often featuring higher interest rates and shorter loan terms.

Will they be depreciated over 27.5 years or as personal property on a shorter schedule? 

It is truly devastating, and I know so many amazing hosts/properties in that area.

OR should I be saving to just buy an investment property?

Holding the property could require subsidizing rent, making it risky.

As a first-time property owner, you should focus on strategies like BRRRR and house hacking.

Currently, I am in the phase where I am doing minor fixes to the property and plan to begin looking into property managers.

Most homeowners shift to winter rentals during those months to keep some cash flow.If you’re planning to use the property yourself for two weeks in the summer, it’s important to keep in mind that it will take away a significant chunk of prime revenue, which will make it harder to break even or generate solid income.If year-round traffic is a key factor for you, you might want to look into areas down south or near a National Park, but with the right property and strategy, Cape Cod can still be a good investment—especially if you’re looking to have something to enjoy and eventually leave to your kids.