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Updated over 5 years ago on . Most recent reply
Out of state investment for a beginner
I'm a newbie, and for my first investment I'm gearing towards an out of State STR, where I can also use as a vacation home and depending where I'm at in my life, retire there. Is an STR a bad idea as a first investment.....
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Paul Sandhu
#4 Short-Term & Vacation Rental Discussions Contributor
#4 Short-Term & Vacation Rental Discussions Contributor
- Investor
- The worst town to live in, KS
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Paul Sandhu#4 Short-Term & Vacation Rental Discussions Contributor
#4 Short-Term & Vacation Rental Discussions Contributor
- Investor
- The worst town to live in, KS
Learning to crawl is like managing a LTR in your town.
Learning to walk is like managing a STR in your town.
Learning to fly is like managing a STR in another town.
Learn how to crawl and walk, then learn how to fly. The rewards get better each time you advance a level. Skillset also needs to be advanced more at each level.