The notes are interest only at 3% for 30 years. 

The anticipated rent per unit is $1,700-$1,900, annual rent 68,400I’ve been quoted a 7.125% rate on a 30-year fixed mortgage from a direct lender with no points w/ 5,4,3 prepayment. 

Sales are up by 10.8% compared to last year, with 1,008 homes sold in July 2024.

Real estate sales have kind become slow this year.

Tax basis is $215K, we will buy it for $200K with 10% downpayment and 90% seller finance (30 year amortization) with a balloon payment option within 5 years.

For most of the area they restrict it to 6 months of the year for STR.This is direct from the website:https://www.cityoflakegeneva.c...Each Short-Term Rental shall be managed consistent with the followingrequirements:i.

Earlier this year, Bigger Pockets published 30-Day Stay by Zeona McIntyre and Sarah D.

Venice is nice, I lived in Sarasota for 7 years.

We have been flipping houses mainly and started 1 1/2 years ago.We are up to house #15I recently bought our first multifamily -  3 family in West New York, NJ at a Sheriff forclosure auction.  

As far as I know whatever the rent is for that unit will remain the same and small increases of 1% or so a year are common.