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Updated over 5 years ago on . Most recent reply

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74
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17
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Kiran K.
  • Rental Property Investor
  • Charlotte, NC
17
Votes |
74
Posts

STR, where to start..

Kiran K.
  • Rental Property Investor
  • Charlotte, NC
Posted

I have some LTRs in Charlotte NC, want to get into STR, looking for some guidance on how to get started.

Should I start in Charlotte or pick tourist spots like Great Smokies or Asheville or beach properties..where should I start learning the ropes.

Most Popular Reply

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909
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1,612
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Avery Carl
  • Real Estate Agent
  • USA
1,612
Votes |
909
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Avery Carl
  • Real Estate Agent
  • USA
Replied

It's possible to cash flow in almost any market, but I recommend investing in true vacation rental markets. Those markets are going to have years and years of proven tourism numbers, as well as the most favorable STR regulations, since the economies of true vacation rental markets have depended on STR income for decades.

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