All Forum Posts by: Aaron Johnson

@Jonathan Greene

Thanks so much! Regarding #2, we would be looking at beachfront areas in higher traffic vacation areas (Hawaii). Would that appreciate slower than single-family residences? We'd be open to single-family in the same areas.

And because I'd be looking at it more as a long-term investment, cash flow is less of an issue for the first 5-10 years. Does that impact any advice you'd give?

Finally, are there any resources: podcasts, books, etc. that you'd recommend?

We run a small business that has been doing very well. Because of this, I'm exploring what it would look like to begin investing in vacation rental real estate as a way to:

1 - Save on taxes by taking depreciation

2 - Hold long-term appreciating assets

3 - Have properties where we enjoy vacationing that we can stay at when we go to do maintenance (probably 2 areas).

What resources would you recommend for someone just starting out who has these specific goals?

Additional Context:

- I'm usually a DIY everything guy because I grew up doing construction and farm work. However, because I need to focus on my business, I'd like to approach the vacation rental investments as investments as much as possible. In other words, I'm not trying to build a real estate business. So, I'd likely be working with a management company to work with, especially since I won't be living nearby.