All Forum Posts by: Connor Cushman

Absolutely! Feel free to connect with me here or on instagram. I'm better at responding to dms on instagram.

I bought an LTR first (lived in it for a year then moved and rented it out). I will continue to do that over the next couple of years because it basically costs me nothing. I'm an agent and I put minimal down so I can move into the next house using my commission. Meanwhile I'm saving for down payments on short term rentals. I'll be able to get away with doing the buy and move thing a couple of times before I have to use other strategies, but it's such an easy/cheap way to get started.

I have both. Both are great for different reasons. I have a long term rental that requires basically zero work and I cashflow $400 per month. My short term rentals are cashflowing much more but require much more work. I will do more STRs in the near term to increase cashflow and over time I will take the cashflow and invest in additional LTRs. Do both!

I recommend checking out the south for cabin markets. Great numbers and amazing properties in the Blue Ridge, Smoky, and Appalachian mountains. I'm in Blue Ridge, GA and the Smoky Mountains of TN if you'd like to connect. 

@Stacy Parkelj Blue Ridge, Georgia!

I also add my vote for coastal Carolinas, florida panhandle, and smoky mountains in Tennessee

@Leela Gutta Blue Ridge, Georgia for short term rentals. North of Atlanta for long term rentals.

All of these answers are going to be biased from investors or agents in their area 😂

@Jessica Flint Google search airdna.co rentalizer tool. Good starting point for evaluating annual income potential. Find like properties and look at their calendars to get a sense for nightly rates and occupancy.

Keep in mind that cleaning fees are a pass through cost to the guest.

Other costs like taxes, insurance, and bills you can estimate ranges with some level of confidence if you ask around or build relationships with agents/investors

@ANTONIO A. 10% down second home loans. Great rates, but need to use your DTI

@Eric Wells hey Eric! I’m a little further north in Cumming and Alpharetta, but wanted to drop you a note saying hey. I know of a great GC in the area that I can connect you to most likely

@Shankar Sridhar if you can find something in the Marietta area for that price, you’d do well