Hi everyone,I’m curious to hear directly from private lenders and passive investors who are active in short-term residential real estate.When you’re reviewing a potential fix-and-flip opportunity:What do you focus on first to assess risk?

Hey everyone,I’m working on a retail fix-and-flip in Central Florida using a hard money lender (90% purchase / 100% rehab), and I’m structuring the remaining capital stack.For those of you who’ve done similar deals, I’d love to learn how you typically structure short-term capital used for down payment and closing costs on these types of projects.A few questions for the group:Do you usually see this structured as a flat return or an annualized return?

I upload to my CPA.  

I ask applicants to upload their income documentation and then I follow up with additional questions as needed. 

Upload the operating agreement to ChatGPT with the following instructions. 

If someone asks for proof, it’s already uploaded.6.

At this present time I don’t recall seeing any people bragging about their  ( STR) Short term rentals that have to utilize the services of a property manager. 

I use RentRedi primarily as my payment platform.For leases, I printed them out, had them physically signed, and then uploaded them to RentRedi so both my tenants and I could access them through a cloud-based system.

That’s short-term thinking.

Yes, in the short term, the numbers might be tight or even negative, but I’m not buying these properties for one year.