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Updated 3 months ago on . Most recent reply

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Chris Primavera
5
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8
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Considering first time STR investment in Gulf Shores area, looking for advice.

Chris Primavera
Posted

I am located in Ohio and like many people I have researched and read about, tired of the 9-5 grind and putting money into someone else's pockets. I'm looking to create my own wealth and build something for my family. To be honest starting out seems overwhelming and scary especially considering investing much of savings into a property that may or may not be successful. I have researched the different kinds of loans for this but I would love to speak with any lenders or other investors in this area. I am also looking at the Gatlinburg/Pigeon Forge market as well. Right now I am stuck in the paralysis by analysis phase and am looking for any and all advice.

Thanks!

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
14,995
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12,367
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

I would recommend you buy a few cash flowing LTR houses first. You can likely find some of these close to where you live and can more easily find deals on these.

  • John Underwood
  • Loading replies...