8.5% is a bit high on the rate but that's our current market.

We all crave finding a deal, In today's market, that results with a lower interest rate than traditional lending.

Our long term exit strategy will be to eventually sell some of the units as the market recovers . 

Hey all wondering if anyone has any specific method especially for a newbie for doorknocking to find off market leads.

Put the cash in your pocket and escape that market.

After about 3 weeks of researching STR strategies, a few lake markets in MO and AR, and taking a hard look at our current finances, I contacted a few agents in the area to get started.

I see no reason that I would expect poway or Mira mesa to out perform the general San Diego market.  

(b) Required Documentation (i) Limited or No History of Rental Income Where the Borrower does not have a history of Rental Income for the Property since the previous tax filing, including Property being vacated by the Borrower, the Mortgagee must obtain an appraisal evidencing market rent and that the Borrower has at least 25% equity in the Property.

Over the next year or so, I plan to learn as much as possible while also connecting with people in my area to gain a better understanding of the market and opportunities.

We are now in Q3, and it is a good time to check in on the Las Vegas investment market's performance for the first half.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).How’s the Market Doing in 2024?