Building a strong network takes time, but collaboration with industry peers can lead to success for your mid-term rental.

So, whatever the strategy, I would make a goal to get to at least 4-5 rentals within a reasonable amount of time ESPECIALLY if it would be a hardship to handle a bad tenant situation. 3.

I used rental arbitrage to scale from $10k in my pocket to nine arbitrage properties in less than 2 1/2 years and then used that cash flow and profit to hire a full time operations manager, build a STR property management business with a partner and work with investors to purchase properties out of state..  

@Tyler SteinkeI’m having a real hard time getting past the $100 / month profit on a $510,000 investment!  

Thanks, so it sounds like the steps to send the seller are:1) Letter of Intent (LOI)2) Earnest deposit based on a 21-days inspection & financial contingencies3) Coordinate time with the seller to have an inspection & general contractor (GC) walkthrough4) Calculate the amount of repairs/fixes required to see if it makes sense5) Ask the seller for lease docs (estoppels) in addition to rent rolls, maintenance, and all expenses6) See if the bank approves the purchase7) Purchase, send the tenants a document that says I'm the new owner, and start rehabDoes that sound right?

Hello, In other careers out there, I was wondering how everyone here decided to be in Real Estate and the challenges that has changed your life.  

Sadly local realtors were having hard time finding the number too :(

However, I have not heard of how the loan rates compare to the more frequented options.Context: First-time young homebuyer.

I explained that landlords usually have 30 days from the time the lease ends to return any part of the deposit owed, but I’m not sure how that will work since he’s leaving early.

They will also have to take time out of their schedule to attend mediation hearings, etc.