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Updated over 1 year ago on . Most recent reply

Account Closed
  • Investor
  • Miami, FL
46
Votes |
120
Posts

Starting an STR business anywhere in the US

Account Closed
  • Investor
  • Miami, FL
Posted

Hey everyone,

I am looking to start my own STR portfolio business possibly in the U.S. (I currently live in Spain).

I have cash and the possibility to get extensive financing in different channels.

I wanted to ask a few questions:

1) Where would be a good location to start in the U.S?

2) What are realistic returns from experience given I will manage it myself (will find my own cleaning services etc.)

3) Where can I find good sources of information about the economics of such a venture?

Thank you

Most Popular Reply

User Stats

1,220
Posts
1,270
Votes
Zach Edelman
  • Lender
  • Austin, TX
1,270
Votes |
1,220
Posts
Zach Edelman
  • Lender
  • Austin, TX
Replied

What is your US Citizenship status? If you're seeking financing to start your STR portfolio business, you need to look into this as I know conventional lenders will strictly lend to US citizens. 

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