Hello everyone, I'm interested in starting my STR business.

For MF you should treat it like a business and increase NOI through opex discipline or rent growth factors.

And already have a LLC set up for my Real Estate Sales business.

If a buyer is offered a 2-1 buydown (starting at 5.25%, increasing to 6.25% and then to 7.25%) with all closing costs covered except for $3,000 (to be paid by the buyer) on new construction through the seller's preferred lender, and signs the purchase contract in April 2024, the house will be completed by the end of September 2024.

So I'm new to this, bear with me here.I'm trying to understand how to think about equity in a new construction.

I’m pretty sure their business is organized to make them judgement proof in case of a lawsuit. . 

Max,That's a loaded question...First will you be using financing or getting a construction loan.

We looked into several projects and eventually, I concluded that there is no real reason for me to reinvent my business, other than "just because".

Owning a property with the sister is about impossible as she is not good with money or business minded.

The determination of whether to provide closing presents and how much to spend relies on the agent's business strategy, budget, client connection, and local customs.Good luck!