Very cool piece of real estate, unfortunately it doesn't even make sense at the $650k asking price.

At that point I dont know investing would make any sense, I have heard scary stories I was thinking about short term rentals but that needs constant cleaning after guests and conpetition is very high my friend spent almost 200k out of pockets to buy a property for airbnb and he got 17 bookings per year....

And the whole time the banks claim promissory notes are merely evidence of debts.Does it makes sense now?

you would think that would be common sense but I guess not these days.in conclusion this is real estate.

I’ve consulted several different people and they have told me in my situation as an investor expanding their portfolio it makes more sense to keep the extra cash as opposed to paying down rentals.

When it comes to a lifestyle property, it's another ball game and all the comments you wrote make total sense, especially for people who like similar things in life.

I know this is a higher mortgage, especially for a first house, but does it make sense?

@Anibal Martinez the decision to sell a property is always tough, but it comes down to a few important questions1: Are you making the returns you need for it to make sense to keep the property?

Hi guys,I am a relatively new RE investor.  I own 2 rental properties and am looking to purchase a 3rd in 2025.  I am starting to look at funding my next deal.  I've done pretty well as a relatively novice investor in...

Having a healthy fear going into any deal can keep your sense sharp to avoid potential pitfalls.