Tourism Dependency Influences PolicyCities that rely heavily on tourism tend to support short term rentals.

A softer labor market makes the Fed more open to pausing or cutting rates — which is supportive for mortgage rates.🏡 Existing Home Sales Rise for the Second MonthNAR reported a 1.2% rise in October closings — slightly above expectations — and 1.7% higher than a year ago.

@David Nacco I’ve always emailed them at support @ biggerpockets.com.

The key is choosing a place that gives you real support, accountability, and a path to build wealth, not just a place to hang your license.If you ever want to talk through what to look for in an investor-friendly environment, I am happy to point you in the right direction.

His pitch involves helping me through my first BRRRR project with:•A hard money loan at 5–10% down, funding up to 75% of ARV•Support through purchase → rehab → refinance•Refinancing into a DSCR loan afterward to hold long-termHere’s what I’m hoping for (and would love feedback on how realistic this is):•Max $20K out-of-pocket investment•Cosmetic rehab only (no major renovations)•Pull initial capital out after refinance (covering all fees)•Positive cash flow after refinanceNext Steps:I’m meeting today with the loan consultant and his realtor partner.

A 10% under-ask offer isn’t crazy when a property needs updates or has been sitting; it just has to be supported by comps and strategy.

I’m also looking to be part of an online community of motivated investors who share knowledge and support each other’s growth.

It makes long-distance systems way easier when the market supports it.

Whatever you choose, just make sure it supports the bigger plan🙂

With full financial support in place, Jason was able to focus on managing the rehab and preparing the home for resale.