In the next part, we'll talk more about how to get along with sellers and negotiate, looking at how powerful good communication and using relationships to get good terms can be.

Based on conversations, CRE could be a great option long term but I may be locked into a lower income in the short term and the potential for earnings are more dependent on my production in the residential space.

Loan term 6 months.

My partner and I now find ourselves in a strong financial position to start our RE investing journey and have set our sights in New England, specifically Rhode Island due to the excellent natural environment and our desire to ultimately relocate there long-term. 

Investment real estate is such a great way to build long-term wealth. 

I typically do the following:1.

Hi Everyone,I'm looking into purchasing a short term rental in South Lake Tahoe.

The property is in an unrestricted HOA with a couple other vacation rentals but mostly season homes with some long term residences.

I would think about this in terms of A) prices to access the market and B) overall market growth. 

But - when looking - you need to know what a “typical property will rent for - so let’s call that a 2/1 house that is around 800-1000sf.