The main reason is because local governments are getting quite aggressive trying to shut down STRs and creating new taxes etc for them.

What about when you need a new roof?  

Hi all, I am new to the world of real estate investing.

 Kellers Chapel Rd, Jonesboro, AR 724042 Acres of residential land surrounded by new build developments.

For financing a new build, every lender will require experience building new homes.  

However, the property in question is in a pretty good location: adjacent to a garden run by the city council, less than a block from a brand new park, and kiddie corner to a church/Catholic school.

I haven't set specific targets beyond this initial goal, but I may aim to increase my passive income to $5,000 or $10,000 per month in the future.Current PropertiesI currently have two properties:The Loft:This property is rented out long-term and generates around $300 per month in passive income after HOA and management fees.The loft has approximately $100,000 in equity.The House:This is a brand-new build (2024) that I'm currently occupying through house hacking.I invested $70,000 in the property, which means I have $70,000 in equity.My plan is to convert this property into an Airbnb or long-term rental within the next two years.Short-term rental comps suggest I can earn around $3,500-$4,000 per month, while long-term rental comps indicate I can earn around $3,000-$3,300 per month.Seeking AdviceGiven my upcoming financial situation, I'm seeking advice on the best course of action.

Hello all,I am very new to the forums and looking for some insight.

Track down the new owner of the debt to complete the short sale and wake a sleeping creditor who doesn't need to play ball; or ignore it somehow (bad title company) and the new parties in interest get foreclosed from first lien position by somebody just waiting for the opportunity to squeeze everyone.

It's also an old city with some geographic constraints to new development...if you're close to public transit in a good location, there's always going to be upward pressure on price (and rents) and limited supply.