Hey Shai, we have an office in South Jersey and 4 rentals in the area, so we know the market for sure!

thanks James, in analyzing regional data, Louisville continues to show a strong local economy, with a decent trend in the growing rental market, lower median home prices and values, good reasons to make it appealing to us since we are looking to expand our portfolios, providing more affordability to enter into this market ... besides, good friends live in this city ... our visit will make it a business expense :)

I'm trying to decide between building an Accessory Dwelling Unit (ADU) on my existing property (secured permit) and investing in a rental property in a cheaper market.

We will be doing a short term rental on the top unit (3bed/2bath) while living in the bottom unit (3bed/1bath).

Some coastal cities that were historically very welcoming to vacation rentals (like Rockaway Beach OR) have recently passed new CAP's or rules on STR permitting or vacation rental licenses.

Maybe adding the ADU's will give us more rental income and that's good enough.  

I thought the seller and buyers broker split the commission.It is a new way of framing the agency relationship as of 1/1/24 due to the changes happening nationwide.In practice, most sellers are still paying buyer agent commissions as it is a good business decision to do so. 

It's our first time setting up a medium term rental and bought a house with 6 bedrooms that the previous owner had been renting out as an MTR for travelling nurses (by the bedroom).

credit score: 740+ ; LTV: 60% ; PPP=5-4-3-2-1 , Loan >=$300K for rental.

see Facebook group:Norada Capital Default Notice:If you are one of the investors, please see Facebook page with agencies and links to file complaints !