New to real estate investment and eager to learn

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  • Investor · CA · Member since 2024 · 82 posts · 31 votes
    1y

    Hi Andrea,

    Welcome to the world of real estate investing! Short-term rentals can be a great starting point, especially in markets with high tourism or business travel. One tip: focus on areas with year-round demand and check local regulations early—they can make or break a deal.

    What market are you looking into? I’d love to hear about your goals and share insights if I can help. Let’s connect and learn together!

    Best,

    Anderson

  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    1y
    Quote from @Andrea Wellman:

    Would like to invest in short term rentals to start and learn from this forum and experts.  


    Welcome! What can we help with? What market are you looking at? Do you have any experience in real estate or investing?

    The DIY Landlord Book4.7248 Reviews
  • Min ZhangBusiness Member
    Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
    1y

    Hey Andrea, for STR you're definitely going to want to look into A/B class areas. These are prime locations, think near downtown or popular tourist destinations where demand for short-term rentals is typically high. These areas might have higher property prices, but they can offer premium rental rates and higher occupancy.

  • Real Estate Agent · Grand Rapids MI · Member since 2024 · 9 posts · 2 votes
    1y

    Hi Andrea, my wife and I own a Short Term Rental in West Michigan so I would be happy to answer any questions you have on how to analyze the property, what you should look for in a property and what questions to ask the county. 

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