I bought an out of state property and have about $50,000 left to pay off for the loan.

I got a property manager, an STR assistant, and a portfolio wide assistant. 

Also, be cautious when using a HELOC as a down payment on your next property.

Purchase price: $320,000 Cash invested: $90,000We bought this property off market from a wholesaler what first started out as a partial renovation ended up being a full renovation.

The only way a STR is grandfathered in, is if the property was already permitted and set up before the regulations went into effect.

Hello all, As a newer landlord looking into self-managing my current singular property, I have come to a crossroads with regards to receiving applications to process.

Should I stay away from these old SF properties?

They've mentioned they have asthma and allergies and that's why they're upset about have to live in a place that's being repaired, so I've offered to both hold off on the repairs and reduce rent to make up for the condition of the property, I've offered to have a contractor just rough in the drywall so that the studs aren't visible and to encapsulate everything, even though everything in the cavity was removed during the remediation, but they now aren't responding to my texts whatsoever.

Building a solid team is a smart priority, as real estate investing is much more efficient when you have a trusted group of professionals→ agents, contractors, lenders, who understand your goals and the local market.Your plan to own four long-term rentals in the next four years is both realistic and attainable, especially with the type of property you're targeting.

Any recommendation on hot spot location to search for properties for fix and flips??