In the last year or so in our state of North Carolina prices have soared.My question, I know this may sound like a rerun, are any of you long term rental landlords still purchasing properties with less cashflow?

So I would say just show you know what you’re talking about and are willing to go the extra mile to help them succeed eventually your record will speak for itself!

Close proximity works on paper for  comps but in the real world even a 1 mile radius might include having to cross a major highway to get to the beach and different zoning that doesn’t allow nightly rentals which impacts the value so much that it might as well be in another state. 

As far as income 2019 I made about $40,000 on the books, $25,000 in 2020, and I'm projected to make $40,000 (W2 income) in 2021 with maybe another 20k from 1099 Uber income , another 18k in cash off the books from tips , two families sell in a 1 mile radius for an average price of 950k I currently owe $680,000, I bought the house for 715k last year , also my income does not include the rental income as I have not filed that as of yet and I would for 2021 , based on all of these numbers would I be able to get a Cash out refinance at a $950k appraisal for a new loan of $712,500 pay back my loan for 680k , take the difference of $32,500 in a cash out , it would probably lower my mortgage as I would get a new loan at 75% LTV based on the new appraisal, meaning I would have 25% equity left in the house and remove my PMI .

@Greg D. talk to Doug Mercurio in North Reading.

Per Google, the blocks usually involve guests who are under 25, live within 50 miles, without reviews and trying to book an entire place.

Personally invested heavily in the far north side - Uptown, Edgewater.

People will put their faith in your reasons and aims, and will send you potential deals because they know you are willing to walk that extra mile for the sake of your dreams!

We usually get someone for Thanksgiving and Christmas and maybe Valentines day.Right now it is 25 and snowing at our north Idaho lakehouse.

It is very important to find a project manager or GC that you can trust and knows what your goals with the property are.I am a new investor with a few rentals in North LA and would be happy to connect or help out if somewhat close.