Updated 3 months ago on . Most recent reply
3 bed 1 bath cabin on Lake Conroe
First time investor, never owned a property. Cabin is located in a subdivision on lakefront. Short term rental cash flows $5k net during peak seasons and $2-3k otherwise. Asking price is $110k. Is there a way to assess the real value before I seek partial funding? The property is under new management so cabins are all selling. Is that a red flag?