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Updated almost 2 years ago on . Most recent reply
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Considering first time investment in Fort Morgan, AL area
Hi everyone, I'm one of many newbies, it seems, and am looking for my first STR investment. Trying to keep it under $500k, preferably at least 2bed, 2bath although flexible for profitable numbers. We live near Atlanta and want something within 5-6 hours driving distance so are focused heavily on the gulf shore all the way from Fort Morgan to PCB. We love the fact that Fort Morgan seems to be smaller, less crowded and pet friendly! For those familiar with the area, are there specific condo buildings and/or areas that we should focus on, hopefully with lower HOA fees, if we want to offer a pet friendly STR in that area?
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Try and buy a beach house if possible. They make more money and don't have all the fees.