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All Forum Posts by: Bryan Breaux

Bryan Breaux has started 1 posts and replied 5 times.

Post: Let the Journey Begin!

Bryan BreauxPosted
  • New to Real Estate
  • Posts 5
  • Votes 3

Thanks to all!

Post: Let the Journey Begin!

Bryan BreauxPosted
  • New to Real Estate
  • Posts 5
  • Votes 3

Hi BP Community!

Over the past 6-ish years, my family (me+wife & 3 kids) have taken yearly trips to the TN Smokies and Florida panhandle beaches. During those vacations my wife and I would joke about how nice it would be to have a vacation home. On the drive back to Louisiana from TN this year, something was different. I really felt it in my core to get serious about it, and possibly grow a vacation rental business. We love to travel, and we want others to enjoy the places we enjoy too! Plus it would be nice to leave the rat race sooner than the typical retirement age!

We have nearly zero experience with real estate investing other than owning our current house and renting out a previous residence for a couple years.

In the past month I've listened to so many podcasts, watched hours of YouTube videos, and lurked the BP forums looking for tips, pointers, and advice.  Now I'm looking to network with others who are in similar situations and with similar real estate goals. 

Looking forward to the pointers and guides that everyone has!

Bryan

Post: Use RV for STR

Bryan BreauxPosted
  • New to Real Estate
  • Posts 5
  • Votes 3

Is it a different concept than Outdoorsy.com?  Would your RV be completely stationary at an RV park?

I have similar thoughts as the OP. I don't own any STRs, and I'm convinced that some properties will cash flow at today's prices and rates. However, back of the envelope calculations show that the profit doesn't allow any scaling up in a reasonable amount of time.