We were staying on the University campus and there was only one bar within walking distance

What is one of your big pain points as a STR Host?

Purchase price: $1,300,000 Cash invested: $1,370,000 Sale price: $1,500,000 Having great investment opportunity this year and particular one was quick and excellent

Even if I was the senior lender for one of the new developments, in a downside scenario I wouldn't know what to do with the land / the half-finished or finished (but unsale-able for whatever reason) inventory.Therefore - I don't want to invest / make a loan in the development JV itself - I would rather make a loan at the parent-co level where there is collateral in the form of completed properties that are generating rental cash flow - they do have mortgages on them. 

Ironically, the investor that should creatively take on "no to low money down" creative financing opportunities is the one that has the funds or lines of credit to stroke a check to pay it off.

Barnum "There is a sucker born every minute" These people suckered you in.

And unrelated to notes but just last week got a request for a proxy vote for one of the funds I am invested in.

One thing that can happen is the lender calls the loan. 

I was a victim of these GURUs not one time, more than once. 

We are now in Q3, and it is a good time to check in on the Las Vegas investment market's performance for the first half.Before proceeding, note that the charts only include properties that fit the following criteria unless stated otherwise.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garages, minimum lot size is 3,000 SF, one or two stories.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties (click to enlarge).How’s the Market Doing in 2024?