All Forum Posts by: Andrew Tistadt

Hello all!

I am brand new to the idea of real estate investing (thanks to my wife encouraging me). I have been content to be a homeowner of my primary residence, and to work full-time in my W2 job (in the medical field), but I'm starting to feel like it's time to look for sources of more "passive" income for our long-term financial well-being.

My wife feels like as our first investment we should aim for getting a short-term rental, due to increased cash flow. What is the Portland market like for STR's? Any cities/suburbs (including in Washington) that are more or less favorable toward an STR? With the high price of real estate in Oregon, plus high interest rates, does it even add up in this region (granted, there are a lot of variables). I appreciate all thoughts/comments.

Thank you!

Hello all!

I am brand new to the idea of real estate investing (thanks to my wife encouraging me).  I have been content to be a homeowner of my primary residence, and to work full-time in my W2 job (in the medical field), but I'm starting to feel like it's time to look for sources of more "passive" income for our long-term financial well-being.  

I graduated from the University of New Mexico many years ago (back in 1999), and although I have not lived in Albuquerque since, I still maintain a sense of New Mexico being a second "home" all this time, due both to my geographic knowledge of the region and an appreciation and love of the culture and landscape.   

My intuition (and yes, I could be completely wrong), is that Albuquerque may be an overlooked region in the REI world. Heck, the entire state is overlooked by Americans in general! Not living there currently, I would like to ask anyone on his forum with knowledge of the Albuquerque/Santa Fe region how the markets for short-term and long-term rentals are. Are the regulations in the city of Albuquerque favorable to STR's? What are long-term growth predictions for both population growth and the housing market in general?

Thank you so much!

Andrew Tistadt