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Updated about 1 year ago on . Most recent reply

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10
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Votes

short term rental investing step by step

Nicole Lockwood
Posted

Hi,

 I am very interested in investing and  I would like to invest into short term vacation rental in Florida, preferably Kissimmee or Davenport. specifically in the community resorts.

I live in NYC and i was wondering if investing  out of state is feasible?

how much realistically would i need to travel to Florida?

where should i go to look for STR investment properties?

can i invest in a property with a down payment? should i secure a mortgage? or a loan?

is there like a step by step guide on investing in short term vacation home in Florida?

any answers will be greatly appreciated

Most Popular Reply

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265
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160
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Theresa Holl
  • Investor
  • Minneapolis
160
Votes |
265
Posts
Theresa Holl
  • Investor
  • Minneapolis
Replied

Do you have a buy box? Budget and financial goals? Have you created your A team of financial, legal, RE mentors, growth consultants, cleaners and contractors, etc? A lot of being ready is the team you build around yourself. 

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