Recently, the President of my brokerage, REAL, created a video explaining the changes to the real estate world.

As a real estate agent and seasoned short-term rental (STR) host with over seven years of experience, I've seen the STR market evolve, especially post-2021, where competition is at an all-time high.

Additionally, since we handle leasing for these properties, a broker's or real estate license is necessary.However, a broker's license is not required if you manage properties that you own jointly with investors.

@Michael CsrnkoI recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

Some simple messages and asking for guests help to grow your business can go a long way!

You can search the address in Google maps to see if business or residential.Once you have a person's name, you can try to use WhitePages to look up their phone number.We also use the name or LLC to trip up the "landlord" when we call.

For the most part they don't want to write new business at all and they are all combing thru their books trying to non-renew anything they think may be an issue.

The best thing an out of town investor can do is develop strong relationships with locals who are active and knowledgeable in the real estate investment world in STL.

Hey everyone, I was researching financial and real estate podcasts aside from bigger pockets that discuss the market condition in the US (and maybe the world).

Key takeaways include:Thorough Due Diligence: Ensuring all aspects of the sponsor's background, financial health, and track record are meticulously examined.Consistent Criteria: Applying consistent criteria across different sponsors to facilitate objective comparisons and evaluations.Continuous Monitoring: Regularly monitoring the sponsor's performance and financial stability throughout the project lifecycle.ConclusionSponsor underwriting is an essential component of successful real estate and investment management.