All Forum Posts by: Rebecca Allan

Newbie here still on the hunt for my first investment. Haven't seen a lot new on the market in the areas we're focusing on. What time of year do people usually list? and what would you say is the best time of year to buy an STR? Focusing on the gulf coast (Fort Morgan, Gulf Shores, Orange Beach).

Quote from @John Underwood:

Try and buy a beach house if possible. They make more money and don't have all the fees.

Hey John, thanks for the input.  I don't think our budget will allow us to get a beach house directly on the beach.  That said, do you think beach houses a few blocks away from the beach still make more than a condo unit right on the beach?  I recognize that condos come with more fees but wouldn't they be rented out more and potentially for a highly nightly rate to offset that?  I guess it depends on the exact numbers but...

Quote from @Brooklyn McCarty:

We have a property in Fort Morgan and love it. It’s very quiet and peaceful there. We bought our property with Avery Carl’s team/The Short Term Shop. I’d reach out to them and let them get you connected with Jonathon, their agent there. He’s wonderful and so knowledgeable about the area. 

Brooklyn, thanks for the response!  Was Jonathon able to help you run the numbers to determine potential profitability or is that something you did on your own?   Also, what made you chose to invest in Fort Morgan over other beachfront communities?

Hi everyone, I'm one of many newbies, it seems, and am looking for my first STR investment. Trying to keep it under $500k, preferably at least 2bed, 2bath although flexible for profitable numbers. We live near Atlanta and want something within 5-6 hours driving distance so are focused heavily on the gulf shore all the way from Fort Morgan to PCB. We love the fact that Fort Morgan seems to be smaller, less crowded and pet friendly! For those familiar with the area, are there specific condo buildings and/or areas that we should focus on, hopefully with lower HOA fees, if we want to offer a pet friendly STR in that area?