People who lose are the ones who don't know the market, try to buy a property because they saw a flipping show on TV and it looked fun - and have no understanding of landlord/tenant laws and no interest in growing their education around land-lording.

If I have a beach house that is booked heavily in the summer but not in the winter, I could have a house in the mountains that would still be booked in the winter to offset the lack of income from the beach houseCons- Harder to manage from far away- Would need to stay familiar with laws in each areaAny thoughts?

It was originally bought to be lived in the on the top floor while renting out the in law suite.

I’m now making around $50/month instead of what I get at my local bank which is like $08/month.

Great tenants and will hate to see them leave but they must move on due to tax laws of working in a state for more than 1 year.I’m asking what is everyone’s experience with trying to squeeze in STR guests in between MTR tenants.

Chris,Start looking around locally. 

You'd probably want to search locally for this - if in West Virginia, first search would be local banks/credit unions or SBA loan providers

Hi everybody.I have a question on the tax/legal side here.Does an LLC created in the United States under the law of the U.S. and the any state, whose managers/members are foreign individuals, is subject to the FIRTPA withholding when selling a U.S. real estate property ?

Hi BP Community - I've had a few coffees with local investors in recent weeks, and have really enjoyed the conversations.

I'm looking to surround myself with like minded individuals and would love to attend some local meetups as I start this new journey.