All Forum Posts by: Bryce Clark

Hi Jason, I agree with most of the other items you said in the thread but this comment. I've certainly heard the horror stories with STR, but also how to stay away from them by doing things the right way and leaning on the software automation available today. I know multiple STR owners with multiple and even large properties that don't spend more than 2 hours(!) a week managing their entire portfolios listed on Airbnb. Once it's set up, of course. It's really possible. I've seen the light! Lol

 @Shannon Vistisen, you got this! Like Jaron said, utilize AirDNA, learn all that you can. I would say soak up all that you can on Youtube... There's so much helpful info now, more so than even just one year ago. I'm also a Michigander and have been researching up north markets nonstop for the last year. Feel free to reach out!

Good idea, thanks Matt.

I have not, Wayne! Thanks for the idea and input.

Thank you, @Glenna Wood. A helpful comment- I appreciate you. Port St Joe is definitely on the list and something we will continue to look at. Thanks.

@Matthew Irish-Jones - I agree!

@Steve K.

Thanks, Boulder is not an area we have looked at yet, but good to know there may be some options- will look for sure.

There are OZ areas all over the country in great vacation market destinations. Sevierville, Port St Joe, St Augustine, Broken Bow, etc.

Thank you to those who attempted to help here rather than those just making assumptions. Could have been my fault for not including all the context of my experience for everybody here- I was just trying to keep the original post concise.

@Laura John, this is the story of my life with Michigan townships and the lack of clear information online. Your best bet at that point is to call the township directly to try and get an answer and build a relationship.

An investor friend is selling his business and will have around $4 million to acquire properties, mostly limited to Opportunity Zones. Obviously a tax deferral + investment play. It will all be invested in STR with the aim to refinance next year and do it again. I am brought in to locate, set up, and remotely manage.

We have a few ideas and options, but how would you start? Which market(s) would you go in?

Looking forward to connecting with more people as well. So many great things have come from networking here on BP!

Hey, @Douglas J Andrews- That's awesome! 66% is right where we would like to be. I'll message you now because I'll certainly take you up on both offers!

Hi @Kailey Brown-Bey, always down to connect with other investors! My wife and I are getting our first vacation rental property in the Grand Haven area!