It's not all rainbows & unicorns, but the city has turned the corner on recovery and those that get in now, in the right areas, should ride a solid recovery wave to wealth.Now that we've covered that, read our standard copy & paste advice about rental investing below:)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

If you are looking to take cash out of an investment property, I recommend looking into a DSCR loan.

.- If you purchase a property that you can visit and want to maximize cash flow for the next property, I recommend looking in places like Bremerton and Burien.

Once you know this, I may be able to make some better recommendations. 

Do I keep a record of it somehow, and, if so, what is a recommend way to keep this record? 

Any realtors, developers or sellers you recommend working with, in Puerto Vallarta, Mike?

There was definitely a dip in 2023 and there are areas I would recommend avoiding for STR.Would love to share insights if you’re ever free to talk.

I'd recommend going around your local community there & finding a credit union that does this!

Hey Derrick - happy to send you over a list of local lenders here that I recommend.  

Who do you recommend?