Hey Everyone,
I currently have a 2 bed / 2 bath townhome in the 85031 area of Glendale, just north of Grand Canyon University. We have it listed for $184,900, and it seems like it could work either as a rental or a q...

He also invests in the Houston , TX MSA!

What strategies do you use to build strong relationships with private money lenders, and how have these connections influenced your investment success?

Hello everyone, I am a new user on this platform and joined because I am interesting in investing in multifamily and connecting with experienced investors.

Is it a multifamily or single family you are planning on using as air bnb?

I've been attending an investing conference for the past 15 years off and on and feel like I've outgrown a lot of it.

Remember that a rental is a long-term investment with additional financial benefits such as depreciation.

Beyond that there are hard money lenders who charge higher rates to take on more risk... but they again start by looking at you, your skill set, and your previous experience in both managing your credit, as well as your real estate investment history.  

The next best time is when you decided you want/need to sell it for business reasons: current market is favorable, you have a better investment opportunity, you have an offer you can't refuse, and so on.The worst time to sell is when you were waiting to sell due to tax considerations, and now you can't sell anymore.

Limiting your investment opportunities to one property is, well, very limiting.The 70k loss is irrelevant...it's a sunk cost and you can claw that back with the current property or any other investment...whichever is fastest/best.