Hi Everyone, My name is Elda and I am fairly new to real estate investing.

@Daniel Purcell with City of New Orleans being so restrictive, is there a neighboring City that seems to have less of an issue with STRs and is still fairly accessible to all the things visitors are interested in?

Be extremely conservative on ARV in this market Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I’m working in getting under contract with a wholesaler for the first time, wondering what amendments I should look for in the contract from a financing contingency or inspection period etc or if that’s just for on market deals, would love to hear anyone’s input!

There is a Multifamily Market Analysis & Investment Webinar coming up July 26th at 4 p.m.

I have a half dozen years of experience renting out a few single family homes and am looking to bet big in a different market.

It has been 6 months or so, and I want to get them on a lease, and adjust the rent for market conditions.They currently pay $1,500/month, market for this small house is $2,200 or more

With that said, the buyer can still proceed with the sale if they are comfortable & able to overcome the appraisal gap and/or a solution is worked out financially between buyer and seller to make it feasible.So if appraisal gap is a concernBefore accepting:- Ensure the sales price on the contract is inline with market expectations. 

Maybe you need to fork over a few thousand to run a market study in the zip codes you really like?

The growing Los Banos market and strategic location further enhanced its appeal.