Good Time to Get Into STR

[Andrew Merritt]

I have several long-term rental properties and am looking to get into STR. Interest rates are going up, but that can be baked into the price. My main concern is the looming recession, in which I would think that people would cut back on vacations and non-necessities. Is this a concern of anyone else in STRs at the moment?

[Paul Sandhu]

Refineries are posting record profits and 52 week stock price highs.  Tbey are flush with money and spending it. I'm seeing that in my market renting to refinery contractors.  I know the #3 guy at a crane company.  He's been getting bids to do all sorts of work at refineries across the midwest.  I know nothing about this thing you call "tourism".