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Updated almost 3 years ago on . Most recent reply

User Stats

18
Posts
3
Votes
Andrew Rader
  • Investor
  • Fairfield, CT
3
Votes |
18
Posts

New Investor - Where to invest capital - STR or LTR?

Andrew Rader
  • Investor
  • Fairfield, CT
Posted

Hi all - I am a new investor who has done months of research on the various real estate asset classes. I have a good chunk of capital set aside for investment purposes. I am currently stuck on the best way to get started. Option A: use a turnkey company to allocate funds across 3-4 long term rentals in lower price point markets. Option B: invest all capital into one STR in an established market at a higher price point but with greater returns.

Open to all suggestions/thoughts! Thanks!

Most Popular Reply

User Stats

333
Posts
248
Votes
Logan McKay Zylstra
  • Realtor
  • Salt Lake City, UT
248
Votes |
333
Posts
Logan McKay Zylstra
  • Realtor
  • Salt Lake City, UT
Replied

Depends on your goals. 

If you have time to self-manage the STR, I would go that route. (It may be worth it to also hire a PM for option B as well). On the flip side, if you are chasing passive income, I would opt for Option A.

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