You usually have to do significant renovations to the property and build up to that kind of return over time.

We are currently building our direct booking sites for our 21+ properties through Guesty, and we love it so far.

I've found some great potential PML's by reaching out to retired investors and building genuine relationships with them.

Building upon this success, a mere seven months later, I acquired a single-family property which I currently lease as a short-term rental.

Contractors experience gives us insight where to look etc.

This includes working with a knowledgeable agent familiar with your investment area, finding trustworthy local contractors for your projects, securing responsive insurance agents, partnering with investor-friendly title companies, and connecting with lenders offering suitable financing for your strategy.With your goals set and team in place, you should feel more confident in your approach.

I just renewed my personal line of credit on an office building we own, plus I will get another on a rental we have in a bit.

But I wondering how difficult is it to get a DSCR loan without experience building or buying rental properties.1.

Investing is a business and the business environment has changed from interest rates to contractors to tenants.

Thank you, do you use a contractor or do all the renovations yourself?