All Forum Posts by: Peter Brown

Lake Havasu is down huge from last summer, with lots of new listings and less demand.......hoping some folks get out of the STR biz by next summer or none of us will be making money....or at least no one that's bought in the last year or two. Crazy how a number of markets that were doing well a year ago have changed drastically.

@Brandon Elliott-Pandey what do you mean by "clearing"?

You want to drive 120 mph in a VW Golf. What if you were to purchase a Ford Mustang instead? Or a Tesla 3?

The SFH home is a bad vehicle for you. 250 homes would take a while to purchase and it's a lot of manage day-to-day. I think you should consider switching to a vehicle that has the horsepower needed to get you where you want to go much faster. Mobile home parks or self storage would be the two options I recommend.

I bought a self-storage facility in 2021. It cost me less than I would pay for two SFH but it brings in more cashflow than 30 SFH.