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Updated over 1 year ago on . Most recent reply

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Zeke Pirtle
  • New to Real Estate
  • Nashville, TN
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Newbie Rental Owner - Remote STR vs Local STR

Zeke Pirtle
  • New to Real Estate
  • Nashville, TN
Posted

Hey everyone! First time posting here, but I've been researching STR for a while. Planning to invest sometime in the near future. Wanted to get some feedback on whether it's wiser as a rental property newbie to invest and run locally or invest and run remotely. I'm leaning toward a vacation market, but wanted more opinions on the topic. Thanks in advance!

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Brian G.
  • Rental Property Investor
  • Los Angeles, CA
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Brian G.
  • Rental Property Investor
  • Los Angeles, CA
Replied

@Zeke Pirtle imo the most important thing is choosing a mature vacation market with plenty of demand that has favorable ordinances already in place (ie find a place where tourism is the lifeblood of the local economy), this is far more important than whether you invest locally or at a distance. Demand. The markets with an outdoor draw are thriving right now, especially post Covid. Think lakes, oceans, mountains. Good luck!

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