In April, a new transfer tax on residential and commercial real property went into effect, potentially impacting hotel values.

Reach out and I can help you run the numbers on potential investment out there. 👍 

Calculate the potential ARV, rents, renovations costs versus ARV for Max LTV.The mentors are supposed to be the professionals helping you and ultimately it’s down to just picking your team!

If you were to bring in a PM for this, you'd lose anywhere from 5-10% of your gross rents, which would probably eliminate a good chunk (if not all) of whatever cash flow you were anticipating.This is something else I see all the time where potential investors/landlords do not take into account the cost & time of managing the property.

To be confident moving forward, I would check Rent comps for my terminal product's units, draw that up into GOI, calculate expenses or just multiply by 0.7-0.75 to subtract annual expenses (utilities, maintenance, taxes, insurance, etc) and arrive at NOI, then subtract my other expenses (like debt/loan payments) over the year, to see what we're looking at in potential CF once fully stabilized.

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experience going through the program and home buying process do you bring forth a property you were interested in buying or do they provide the person a list of homes they could potentially buy?

There is no insulation though and the electric garage door is still functional.I am wondering about options to utilize this space - preferably as a short term rental but I would consider mid- and long-term as well.

You can have different types of properties in various locations, spreading your risk.In simple words, real estate can provide you with a regular income, the potential for your properties to become more valuable, and the ability to make decisions about your investments.

While the idea may seem convenient, it could potentially pose challenges if their performance doesn't align with your expectations or requirements.