Is now a good time to invest in STR

[Joani Pederson]

I have been wanting to invest in STR near me at a nearby ski resort or in a town where they use a lot of traveling medical personnel. Is now a good time to invest in either of these areas?

[Neil Cronkrite]

I see some really terrible STR underwriting, so just be careful on occupancy rates, nightly rates, and accounting for all potential expenses. Remember, unlike other real estate asset classes, the landlord is on the hook for so many more expenses that can eat away any cash flow.