After 40 + years in real estate, I have seen the guru industry grow from a few guys teaching others about their own success (by way of $99 seminars, $249 for “books and tapes” ) to $40,000 full mentoring programs with enrollees being mentored by “operations” personnel (who may no experience whatsoever) with marketing programs put together by one of 5 firms located in Las Vegas or Salt Lake City.  

Any recommendations for a Property Manager for a home in Sherrills Ford on Lake Norman that we'd like to use for Short Term Rentals?

Hi William - I have one STR in Canyon Lake.

At some point 8-10 years did a portfolio loan with good tax returns and ended up using a lot of cash and that loan to buy 2 strs in Myrtle- ocean lakes. we currently have 20 units and Two are str's.theres really no short cut, we built a ton of equity by buying at the right time and fixing up ourselves (I'm a contractor).wr bought the two strs in 2020 and 2022.

I'm a former CA resident now in I live in Lake Tahoe and work in the Reno, NV market.

Folks can't buy due to lack of inventory and can't burrow as much due to high interest rates.2) Over 4trillion sitting in money market accounts and ready to be deployed.3) Fed starts reducing rates 3rd and 4th quarter this year.4) Flood gates open for real estate again and activity starts.5) Crypto boom after BTC halving (Already started last year).6) Stock boom with AI and lower interest rates (Will become bubble IMO like Dotcom days).7) Trump wins office and lowers company taxes.8) War between Ukraine and Russia ends sending oil prices lower and inflation lower.Next 2 years or so we could see a big boom across the board and if we do, I'd start getting worried that in late 2025 or 2026 something was bound to happen.An unpredictable "Black Swan" kind off event per se.So let's see how things unfold but interesting times for sure.Just my opinion mate so take it with a grain of Pink Himalayan Salt lolThanks 

Purchase price: $740,000Using investor contributions and a non-qm loan, we’ve purchased a lake front home on Lake Norman, NC.

I’m looking for some property managers to speak with in the Lake Norman, NC area.

Ridge Lending All in One, first position HELOCAmericafirst 80% LTV on noo 65% LTV UtahArvest Bank AR, OK, AL, MOBank of the westBB&T will loan on a rental portfolio, tooBBVA CompassBoeing employee credit unionCalifornia: Cal Coast Credit Union and Fremont Bank.Citizens first position HELOCCMG a financial 70% LTVEast West Bank, up to 60% LTV with "no docs”Figure 80% on a rental, not in LLCFirst Florida Credit Union https://firstflorida.cumortgagecenter.comGreat Lakes Credit UnionHSBC 70%, for premier clients onlyHuntington 75% LTVHurst Lending and Insurance Investment property HELOC in Texas.

Usually it's because there is lake water or drinking water or groundwater degraded that can be contaminated by septic or your project.