AS long as its over 1.00 and if it's not, there still might be ways to mitigate. 

Is it okay to make that investment and wait for a long term appreciation?

@Marysue Connelly I just spoke with one of my tenants last week and she mentioned that she's been using a Bilt Credit Card to pay rent to me.

Hi all,I have used BigggerPockets lease agreement forms last year.

Some took a long time, some took a medium amount of time.

Time sink: takes so much effort and time while working full time.Option 2: Buying Rental Property in a Cheaper MarketPros:Time to cash is immediate is about 40 days from closing time.Landlord friendly: which means eviction and rent control in LandlordDiversification: Investing in a different location spreads the risk.Property Appreciation: Some emerging markets might offer significant appreciation over time.Established Rental Market: Easier to find tenants in established rental markets with a high demand.Potential to build an ADU: i can build on the property land.

As long as the note is recorded against the property.

Hi, Sounds good on paper, but the challenge is that you don't know what you don't know.As long as you do not have someone local that knows the business etc, so that you get a second opinion, I would remain highly skeptical.I got a similar offer for investing into RE in UKI, with 13% ROI.

This is a great time to look into the New York multi family market.Brooklyn has seen the highest percentage increase in inventory (74%) compared to other NYC metro area counties since last year (source: oneKey MLS). 

Last year we supported roughly a dozen luxury STR investors get their coastal beach homes launched, and so far in 2024 five out of state SFR STR investors and one two unit STR eligible property pending.