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Updated 12 months ago on . Most recent reply
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short term rental investing step by step
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
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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.