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Updated over 3 years ago,

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117
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Switching from long term rentals to short term rentals

Ronald Cooperman
Posted

I am 65 and started investing in B- 3 br 1ba properties in NJ. My Ave property cost 80,000 and rents for 1100/m. Turnover is very low. I own 60 of these with very little problems

I am looking to get advice about selling this portfolio and buying STR's.

I am looking for advice from members who have done this. Help on strategies where to buy, 1031 exchange, should I buy existing STR's,is it worth the move.

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