I'm looking to invest in self-storage in the smaller cities and towns surrounding the Twin Cities area and am debating between two options: buying land and building a new facility or purchasing an existing one.

We have owned STRs in the Carolina Beach and Wilmington region for several years, but now we are looking for new opportunities and to expand our portfolio, either in STR, motels, RV parks, or some other area of hospitality.

Hey Shai, we have an office in South Jersey and 4 rentals in the area, so we know the market for sure!

I'm Emily from the Urbana/Champaign Illinois area, passionate about real estate investing for the past couple of years - passively, and the past 5 months or so - actively.

Good Morning ,So I'm currently browsing through some Foreclosed / REO properties in my area , of which some of these properties are in good areas and within my budget/What I can afford ( DTI wise ) My question is .....

MatthiasGreater Salisbury Maryland Area*Primary in purpose but certainly made into another income stream, seasonal STR or as a house hack.

There are a lot of options for DSCR programs, but only a few that do very well with short-term rentals.

Worth area.

I have hosted many AirBNBs in the Tampa Florida area. 

Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC