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Updated over 2 years ago,
STRs for First Investment
Hi,
I’m looking to buy my first short term rental and would love a bit of guidance. I truly appreciate anyone’s feedback!
- Are there any loan programs or strategies that are better for STRs?
- How do you evaluate an area to determine if it is a good place for an STR investment?… For context, I visited the Blue Ridge mountains in north Georgia and I think it's a beautiful area that many would want to visit but this is only my personal experience. I'm afraid since I am not well traveled I M just easily impressed, lol.
- What are the cons of listing with a company like AirBnB?… I’ve read a few posts on their site from hosts about cancelation fees, tech issues including algorithmic affects, etc.