The Do's and Don'ts of Rental Arbitrage and why I think it is one of the best strategies RIGHT NOW for those getting into real estate for the first time, especially with today's rates and market.

It's no surprise there is a close to 90% annual fail rate in the industry.

Email will be the cheapest but worst conversion rate since its so passive and easy to ignore.

I financed this deal with a hard/private money loan that was at 90% of purchase and no points, no appraisal, no fees, with a 14% interest rate.

It's awesome to see interest in Denver given the rate at which our city is growing.

My thoughts are to wait until the May timeframe since I believe rates will drop a bit by then and I’ll still be within the 6 month threshold for a delayed finance transaction.  

The latter will have higher interest rates whereas the former has a 2% interest at my local credit union. 

If the contractor-partner is handling all reno and construction part of the property, only his crew get paid the usual hourly/daily rate and we split the material cost? 

Between questionable long term water supply and a heated market cooling off and rents dropping at a macro level, it is hard to want to buy something, 

Always check your state laws and lease for scenarios: if unit becomes uninhabitable.Option 1: Renter's should have rental insurance which would cover this.Option 2: Have them pay the contracted amount and provide a receipt for hotel, however I would also review local per diem rates and provide guidance on their budget.Hoping for a smooth project for you.