Building a 12-year Plan

[Craig V Doty II]

I have started out building a 12-Year real estate investment plan and one of the Investment types that I do not know much about (Except for how to book one) is Short Term Rentals (AirBnB's, Vrbo's Etc)

My modest plan includes buying 5-6 STRs in destination cities!  Destinations, I would like to occasionally visit during retirement.  Say, NYC, Nashville, Vegas, Denver Aspen, San Fran (Napa) and/or LA.

Wright now the question is what do these investments cash flow on average.  Considering, I would most likely be buying these on a turn key basis, ya know, having a Mgmt co running the show.

[Ryan Moyer]

Turn-key with a management company?  Cash flow will likely be zero.

The STR secret is out. If you want good cashflow you need to be looking at value-add and/or self-management.

There are still places out there where I'm sure you can cashflow with turn-key and a PM, but it's not going to be a big return.