Average CoC return for STR’s

[James Gibbons]

To all of you successful investors out there, what sort of ROI is acceptable for you to go after a deal?

Would you advise a larger CoC for your first deal as a springboard? Thanks in advance.

[Zambricki Li]

@James Gibbons look at what Airbnb listings are getting in your area and how booked they are. Airdna is also cool for a quick pull. Do your own math. Beware a lot of rock star investors on here got in RE years ago when the market was damp. The returns are just not replicable-without a time machine!! No one talks about that much on BP though it is true. As an agent investor it’s not my instinct to say wait. Though maybe wait and see what happens in the next 3-5 months(I have found more deals in winter around holidays as a process). Summer is always a price bump and this year is no different.