The LTR market has softened as well, so this isn't unique to STR and is effecting all properties.

Here’s what I’m seeing: A conveyed the property to B via a beneficiary deed effective upon A’s death.A passed away (death certificate recorded).B conveyed the property to B and C (warranty deed).B and C conveyed it to an LLC (warranty deed).The LLC conveyed it to D (special warranty deed).The LLC is owned by D’s ex-husband.D is now selling the property.The LLC has owned dozens of properties historically, so the use of a special warranty deed appears consistent with an investor entity. 

Being able to purchase a property with only 5% down means you can leverage your money way more effectively.

Stocks rallied sharply post-announcement, with the Dow gaining nearly 500 points and Treasury yields dipping, signaling investor confidence in continued accommodation.Rate Outlook and What to WatchLooking ahead, the Fed’s dot plot points to just one rate cut in 2026, keeping the median funds rate near 3.4% by year-end.

It sounds like Redding is promising with the level of rental demand, people need a place to live.With our Governors election 11 months away, I’m curious to see what effect it will have.

If the tenants are effectively moved out, putting the utilities in your name and maintaining a minimum heat setting reduces risk and removes uncertainty.

The New Year naturally invites evaluation, and for rental property owners, that often means taking a closer look at how effectively their properties were managed and how much personal time was spent keeping everything running smoothly.Was Your Time Spent Wisely This Past Year?

Tenant screening, especially here in Chicago, is one of the most important things you have to prioritize learning - learning it the hard way is the fastest, but not always the most cost-effective (I know from experience haha)If you still need a solid eviction attorney, please let me know! 

Our investors are given a two page disclosure document for the seller to sign.There are some things you can NOT include in a disclosure, because they no effect in law and only point out to the judge you have no clue of what you are doing.

Here's the deal:4% I/O, 6-year balloon25% down, $650K owner-occupied homeBorrower is primeI guarantee first $75K of lossesEffective LTV ~80% after guaranteeWithout the guarantee, I'd expect maybe 85-90% pricing based on what you said.With the $75K guarantee bringing effective LTV to 80%, could I get closer to 95-98%?