We got the land to build this by subdividing it off other rental properties we own.

This property was the first one I ever worked on with my father.

This article outlines the benefits of alternative financing to support struggling but fundamentally sound projects and discusses the current market conditions and trends in mezzanine and preferred equity investments.Market ContextIn July 2024, the distress rate for multifamily properties securitized with CMBS financing rose by 100 basis points to 8.4%, continuing a trend of increased distress across the sector.

What's your strategy for getting your first investment property?

I'm coming up on 2 years of income produced by the property, any suggestions on how to get a lower interest rate without using personal income?

I plan to focus on short-term rentals in a property that I’m house-hacking, and hopefully move on to multifamily properties from there.I purchased Brandon Turner’s books Rental Property Investing and Investing in Real Estate with No Money Down.

There is no "business partners" who need to come into the property.

For us it varies by property - smaller more urban units can be 80,90% Airbnb whereas larger beach houses can be as low as 30% Airbnb but company wide on 65 or so doors last I checked was 40% Airbnb, 30% VRBO, 30% Other (Direct, Marriott, Google, Booking.com, Jetblue/Allegiant Airlines, others).

Hello Fellow Investors,I am excited to be under contract for my first STR property, but I am getting nervous about the many things I'm already discovering. 

I’ve been interested in buying first property and need to learn and connect with people here, Hopefully I can connect with some of you guys in here to find out more information about how to find off market deals.