Considering investing in $425K, 2/2, 1277 square feet free standing condo in Santa Fe, 9 min walk to Plaza. Bonus finished sunroom. Could sleep 6. Seems similar properties are renting in Airbnb for $175-250. Thoughts?...

Was a 25B for a short time and got out after my first contract just last October. 

In short, I have a lot of passion and drive however, I also know I have a lot to learn.

Goal for Q2 2019Because our model is broken down like an assembly line, and each position is highly leveraged on other positions, we discovered we need to make a leap of faith and triple the size of our organization.

I would think that short term prices would suppress on SFH's but from a little bit of online research about the RE effects of other hurricanes, that seems not to always be the case as demand goes up as rescue money and recovery related personnel pour into the region.     

Start a business to support short term vacation rentals5.

One year we discovered that mice were in our "private" closet, eating boxed and bagged food, while nesting in some towels. 

Baltimore Air BnB is under attack....the new bill that goes into law shortly, essentially bans short term rentals in homes that you don't currently live in.

If you are planning on exiting the property within a short amount of time the benefits may not be worth it- I would check with your CPA and/or cost seg tax specialist on it- Michael Blank interviewed a cost segregation expert on his show- episode 23 I believe titled "Save BIG with Cost Segregation for Multifamily Buildings"- they discussed cost segregation on SF + multifamily assets so I recommend checking it out!

High achievers always move the goal line out anyway; so, tying your happiness to the end result rather than daily action can result in unhappiness along the way.Regarding real estate investing, add value...it speeds up the wealth building process. in the For What ever its worth category.. to me real estate is life.. its a life style.. there is no retirement.. not sure why folks get so worried about retirement.. you get your stable of whatever kind of real estate you want  sFR multi commercial  Notes  short term lending .. fix and flip  value add  MHP  storage spec building etc etc.. and you nurse them along and work with them until you pass through the pearly gates.. why retire even if you retire with rentals your still involved in some manner.. if I looked at real estate that way I retired at 18 when I started selling the stuff it was and is not a JOB to me its a lifestyle..