All Forum Posts by: Marian Huish

@Jason Lopez who's going to manage it? Are you going to pay a company or do it yourself? And STR is much more involved with high turnover rates so you'll not only need to post the listing but know how to keep it competitive so that you maximize bookings, of course, furnishing it, keeping supplies, restocked, cleaning, maintenance, And what about consideration to any local STR rules and regulations? How reliant are you going to be on the cashflow? if you need something steady every month, go long-term. STRs also involve more risk in regards to property damage, increased wear and tear, etc. If you hire a professional management company, then that of course will also eat into your profits. Talk to more local homeowners, property managers & Realtors on this one. Good luck!

Where are you looking and what’s your price point @Joseph Harr?  There’s plenty of cash-flowing deals out there!

Do you live there or would you be an out of town investor @Thurben James?  There’s certainly plenty of affordable opportunities to get in the market. The question would be the sustainability of the overall economy and job market. With rising interest rates and the widening wealth gap, first-time homebuyers are by locked out of the housing market, it seems long-term rental demand is solid but of course it would be important to get quality tenants in the better parts of town. I would not anticipate much turnover so could be good cash flow over the long run, the question is the long-term appreciation… depends on your strategy and weather you’d be managing themselves or relying on unknown local property manager, contractors, etc. Which always poses risk.  

I've been with eXp for 6 years after 15 years with a traditional brokerage-  I've sponsored dozens of agents across 10 different states whom I support in growing their business.  I'm licensed in Virginia, as well as DC, MD & NV and would be happy to have a conversation to see if you might be the right fit.  As an investor myself, eXp works for me! @Latoya Pryor

I’m happy to help @Dawn W.!  Just celebrated six years with eXp, licensed in 4 states, have sponsored 35 agents across 10 states and I am also an investor. It’s an amazing Brokerage for seasoned investors and agents that don’t need a lot of handholding!  - All the best.

Very insightful and well written @Andreas Mueller-  thanks.  Are you sure it wasn’t AI?  😉

I'm in Incline Village @Surock Brown and have an STR as well as a long-term rental here. It's been great in years past, however, due to saturation and stricter registration/compliance requirements, bookings have really dried up here and many are converting to longer-term rentals. Are you in CA or NV? Happy to have a conversations-

Great…. Sounds like it’s working for you!

…just curious @Logan M., are you still ‘missing it’?  These are tough times for agents & brokerages and exp Realty is still leading the way.  Profitable. Proven Business Model.  Publicly Traded. How much monthly passive income have you made from Re/Max outside of commissions?  How much stock has Re/Max awarded you for selling real estate?   Just curious what your current brokerage is offering…. Genuinely interested in what am “I missing “? 

Welcome @Staci Hill-  I’m with eXp Realty which is a great fit as an investor who likes to work independently and work across multiple geographic areas.  And as a 20+ year Broker/Realtor, it’s the absolute best career choice I’ve made.  I’ve sponsored & mentored nearly 40 agents across 10 states, including CA.  Would be happy to have a conversation!