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Updated over 2 years ago on . Most recent reply
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Looking to Invest in Destin/Pensacola for STR's Who to know?
Hey BP family!
My wife and I are traveling to the great state of Florida next week from September 15th tot he 20th. Specifically Pensacola from September 15ht-18th then Destin from September 18th-20th. Our goal is to meet with some of the local PM's, Realtors, Contractors, Handy Man, or just anyone who wants to talk REI! We lived there for 2 years and are excited to be returning as investors in the STR industry. Our goal is to locate the team and properties we will be working with in the coming months. We will also be putting together a pitch deck for other investors who wish to do the same thing with us.
If anyone knows someone we should be talking to or just has some general advice we would greatly appreciate it!
Thanks in advance for everyone's time!
Matt & Kyli
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Quote from @Matt Osojnicki:
Hey BP family!
My wife and I are traveling to the great state of Florida next week from September 15th tot he 20th. Specifically Pensacola from September 15ht-18th then Destin from September 18th-20th. Our goal is to meet with some of the local PM's, Realtors, Contractors, Handy Man, or just anyone who wants to talk REI! We lived there for 2 years and are excited to be returning as investors in the STR industry. Our goal is to locate the team and properties we will be working with in the coming months. We will also be putting together a pitch deck for other investors who wish to do the same thing with us.
If anyone knows someone we should be talking to or just has some general advice we would greatly appreciate it!
Thanks in advance for everyone's time!
Matt & Kyli
In beach markets, make sure you know the property type and what loans are available. Condos are quickly all becoming unwarrantable, so loan options are still available but change! Same with condotels. Townhomes are great because they are viewed as SFH. SFHs you have lots of options w/ conventional, bank statement, DSCR, etc. I recommend speaking with a lender beforehand too!! Have a great trip!!!