Short-term rentals are my full-time gig, and I make a storm of money. 

Ensure you have a property management strategy for when you return to Charlotte.Legal and Tax Considerations: Consulting with a tax advisor and a real estate attorney will help you navigate tax implications and ensure legal compliance in both your investment and rental activities.Short-term Investment and Return Plan: Since you plan to return to Charlotte after a year, consider the short-term nature of your investment and its implications on your overall strategy.In summary, your strategy has potential, but success hinges on careful planning and navigating the financial, legal, and logistical aspects of real estate investments.Good luck with everything,KC 

I'm interested in connecting with someone who has done a subject-to deal in South East Idaho in the last couple years.I'm under contract to buy a house where the sellers were pretty "motivated" to sell. 

I have seller with the following situation:$240,000 single family house$165,000 balance due on mortgage ($159k balance + $6k in past due pmts)$950/month (PITI) is the current mortgage payment @ 3.875%$1,400/month Market RentIf the seller listed the property, they would walk away with roughly $60k after commissions.

The main lesson I learned through this process was I attempted to turn the home into a full short term rental and was unsuccessful because I had not done proper research.

I negotiated seller financing for: - Purchase price: $400,000 - Monthly income: $6,000 - Interest rate: 4% The seller requests a $160,000 down payment.

Looking to purchase land directly from a seller and they have assured me that they own the land outright and also advised me that I can confirm their ownership with the local county.

Hey everyone do any of you guys have an excel sheet airbnb/short term rental calculator?

My investment strategy revolves around viewing cash flow as a tool to build reserves for both short and long-term capital expenditures.One key aspect of wealth accumulation in real estate, as you rightly mentioned, is the gradual reduction of your principal mortgage balance by others and the accrual of forced equity and natural equity through market appreciation.I operate Elevation Appraisal in the valley and serve as an agent with Windermere Bozeman.

Recently, I've been drawn to exploring short-term rental investment opportunities in upper-state New York, particularly in Binghamton, NY.Admittedly, my knowledge about Binghamton is limited, but I've heard wonderful things about its potential for real estate investment.