We have not changed, we will not go above 75% LTV on a deal and make sure the borrowers credit is in good shape. we are seeing a lot of borrowers in troulble on other projects and attempting to refinance good ones to save bad ones, which we do not do typically and will probably end up in  a worse position for that borrower

Does anyone have any recommendations for our very amateur STR attempts?

As for BRRRR opportunities, I have not attempted yet but there seem to be some traps for the unwary due to the age of properties, Albany regulations, and historice district codes and such.

National sentiment is heavy right now.4.8% of household debt is delinquent — highest in nearly a decade.Pending home sales just hit the lowest level ever recorded.49% of Americans say they’re struggling to pay rent or mortgages.U.S. adult optimism just fell to 59.2%, the lowest ever recorded by Gallup.That’s the macro mood.Pressure.Caution.Uncertainty.When optimism drops, hesitation rises.And hesitation freezes people in place.But here’s where it gets interesting.While national optimism is falling…Louisville posted a 0.6% rent increase last month — the third highest rent gain in the entire country.Third.That’s demand.Rent growth reflects tenant demand.Tenant demand supports landlord confidence.Confidence stabilizes markets.Now layer in something else quietly shifting.Interest rates are now at their lowest level since September of 2022.Lower rates increase affordability.Affordability increases activity.And historically, transaction volume increases roughly 33% beginning in March as the spring market kicks in.So here’s the setup:National optimism is low.Louisville rent growth is strong.Rates are improving.Spring activity is about to accelerate.Meanwhile, locally:Single-family homes:• 2,610 active listings• 1,080 sitting 60+ days• 847 sitting 90+ days• 599 sitting 120+ daysMultifamily:• 86 available• 51 sitting 60+ days• 39 sitting 90+ days• 33 sitting 120+ daysInventory aging + rates easing + spring demand approaching = leverage window.In uncertain markets, people consume more information.More articles.More charts.More analysis.But action reduces fear.James Clear said it well:“Learning more will increase knowledge, but only attempting more will reduce fear.

I'm currently a commercial construction superintendent for a commercial GC, so general construction is an area of strength, however the rest is information I'm still attempting to gather.

Going to attempt to build it.

Even if you attempt to contact the lender directly, they will not speak to you- you will be redirected to Launch.

When your system automatically logs every attempt, schedules follow-ups, and queues up your next batch of numbers, your team can actually focus on conversion instead of admin work.Your lesson #5 is spot on "every call teaches you something."

HelloI am attempting to sell my investment town home, located in CA, it was previously my primary residence but is now rented out to a tenant who has resided there for four years.

I am attempting my first true BRRR in my area.