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I'm considering building a portfolio on single/duplex homes in Oregon where my parents can be my managers - and I am up there 6 times a year.

As a buyer and someone who does wholesale when properties that don't fit our buy box come through our pipeline, I don't ever count other people's pockets as long as the deal makes sense to me, than why worry how much someone else is making on it.

TP spends 100% of their time in the asset management of these properties (not property management).TP has recently invested personally in these deals and owns at least 5% of Property A.

I am looking to JV with my brother where I will do the real estate investing (finding deals, property management, etc.) and my brother will fund it from his business account. 

I would love to hear any and all thoughts about this as a first or early purchase including financing details I may not fully understand for commercial properties. 

Texas is one of the top states for house flipping, but it comes with challenges like fluctuating property values and renovation costs.

Question: If you were to purchase a STR to close in November and the seller negotiated that the buyer must honor existing rentals with the current rental company/property management until January of 2025…. 1- does this negate the short-term rental loophole for the 2024 if you aren’t managing it yourself for these months in 2024?

When I’m working with clients on their STRs I emphasize the need to have a clear vision for what the property can be.

They can often recommend key team members like contractors, broker, and property managers.