We purchased our first LTR property this summer and have a renter since September.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

So, two questions arise; 1 - can this strategy work in a NORMAL period of economic activity, and 2 - can this strategy work in a difficult economic period?   

I closed 3 deals this year off cold calls.

I've liked this method for making win-win scenarios for all involved.Happy studying ;-)

Purchase price: $100,000 Cash invested: $1,000 Sale price: $115,000 My partner and I found this property on Zillow listed much higher than the value.

While I do think that extreme climate is something we all will have to contend with, I think the area will always be popular as a vacation destination.Having said this, I am thinking about looking for a STR in the area. 

I feel like I e read before that 25% of net profit is a good rule of thumb to set aside for those taxes, but what have you all found to be true? 

I thinking of this for the following:1.

They would like me to sign a new document to update this so they can sell the loan to an investor.