I just purchased my second investment property- a triplex located in Tucson, Arizona.

Looking to invest into more Alberta properties but also open to opportunity’s where ever they may present them selves. 

Every few decades, I will be foreclosing on a bunch of properties, and potentially taking a big loss in a few cases.

Question: If you were to purchase a STR to close in November and the seller negotiated that the buyer must honor existing rentals with the current rental company/property management until January of 2025…. 1- does this negate the short-term rental loophole for the 2024 if you aren’t managing it yourself for these months in 2024?

With BRRRR, you can build equity by purchasing, rehabbing, and renting out a property, then refinance to pull out the cash and reinvest into more deals!

I have decided to partner up with another investor to buy this property together.

I imagined that it would be insignificant / negative with the property being turn key already. 

We take for granted that a lot of folks don't actually know how to utilize an appraisers office or search through the states biz website.

She's struggling to find lending options for investment properties that honor her beliefs.

Has anyone actually started one of these?