Hey Adrian, I lived in New Orleans for some years growing up, so that place is always special.

Cash invested: $780,000 60% LTV30-Year Fixed Rate7.40%

One went 3 years with no issue and the owner just got shut down. 

I've have read many books, listened to many podcasts, and read many posts on this forum and still do so, but I sat on the sidelines for a number of years just trying to save enough money in my emergency fund before starting to save some down payment money. 

Roof has been replaced in the past 5 years.

I have been a real estate broker for 20 years now.

I am going into my third year of college pursuing a degree in sales at Bowling Green State University.

pid=2107Houston Real Estate Highlights in July, 2024:-Single-family home sales rose 1.8 percent year-over-year;-Days on Market (DOM) for single-family homes went from 42 to 44 days;-Total property sales were down 2.1 percent with 8,969 units sold;-Total dollar volume increased 4.4 percent to $3.8 billion;-The single-family median price increased 2.9 percent to $350,000;-The single-family average price rose 4.7 percent to a record high of $445,440; -Single-family home months of inventory registered a 4.3-months supply, up from 3.1 months last July;-Townhome/condominium sales continued to decline, falling 19.5 percent, with the median price up 0.7 percent to $221,500 and the average price declined 0.8 percent to $261,123.

I have had an STR in Ellijay, GA for about a year.

Fast forward 4 years later and I had the epiphany that I can use the significant amount of equity in my home.