I think you'd be better served to turn the STR unit into a long term rental.

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.

Short-Term Commitment: You're involved in the property for a shorter duration (typically months to a year), which can mean less exposure to market fluctuations but requires intensive management during renovations.3.

My previous boss and mentor had two studio apartments that were sitting vacant for a long time.

It's smart to have more than a few conversations because not everyone offers the same products, leverage or terms.

Purchase price: $234,900 Cash invested: $7,000 I house hack 2 bedrooms in a 4-bedroom home as Mid-Term Rentals.

We are long-term investors (10+ years) and plan to use the properties for cash-flow when we retire in 15+ years.

Great long-term BRRRR deal.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $118,000

Cash invested: $30,000

This is a single family property this is rented by the room. The entire house is fu...

I believe the term is called "subrugation "  Where you cut a deal with a builder , he builds the house , when it sells you get paid for the lot .Dont sell at any discount