If you are paying more than 7% on your loan you are losing money on a 7% cap rate transaction.I think you should look at this a little different.1.

Hi @Asif Ali Kabiruddin RajaniBeing a non-resident, I only invest in short-term rentals because, given my current situation, it's the only strategy that's profitable enough and not too risky.

@Aramazt Tanashian I'd be cautious as no expert works for free.So, either this person talks a good game, but doesn't know what they are doing, OR they are hiding how they'll make money finding you a property & rehabbing it for them to manage.EXAMPLE: contracting companies make 20-40% markups, so why would this consulting company not charge to handle rehabbing a property for you?

Yes, you might make more gross income....but when you factor in the added wear and tear, repairs/maintenace, and increased cleaning fees....are you really netting more money? 

Get on the phones, you'll know who knows what they are talking about when you run a scenario by them..Glad to connect.

However, I am running into a lot of questions about how I will started in my local area of Phoenix.

There are 100's of real estate podcasts out there and honestly I have found many that are better than BP as they have people who have been in real estate and business for a very long time and could run circles around some of the hosts. 

What factors do you consider when deciding between traditional financing and private money lending for real estate deals? 

- Which features or tools would make your day-to-day tasks more manageable and efficient or save (or make) you more money in the long run?

I get where you're coming from with the concern about the new casino's impact on short-term rentals (STR).