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All Forum Posts by: Nicolas Mayta Canlle

Nicolas Mayta Canlle has started 5 posts and replied 6 times.

Hello!

My wife and I are looking for a vacation home that would be subsidized by using it as an STR in Jacksonville. We would love to connect with an agent with experience in STRs in the area!

Getting into some analysis paralysis, so I want to hear your stories!

1. What has been your most profitable STR?
2. Where was it located?
3. How much capital was required for the initial investment?

I appreciate your insight!

How much capital should I save to invest in my first STR? Any advice based on personal experience is welcomed!

Post: 1099 Employee Lending

Nicolas Mayta CanllePosted
  • Posts 6
  • Votes 3

I am currently a W2 employee, but was thinking about switching to being a 1099 employee to increase my income to fund my first real estate deal. Is this a good idea?

Thank you for the information! The numbers seem solid. 

I live in Toledo, OH, and want to start a short-term rental somewhere in a regional vacation market in Michigan or Ohio. What are the best cash-flowing markets and what are their competitive advantage?