All Forum Posts by: Russell Payne

@Mark DiPietro

Thanks Mark. Why do you think the cash flow is erratic? Are rentals not consistent every month?

Does it make sense due to it being a place to vacation to yourselves?

@Taylor L.

Completely understand. I guess it depends on your market. I’m sure hotels are lobbying for it. Not that I truly know.

@Kerry Noble Jr

Thank you! Happy Thanksgiving!!

@John Underwood

Got it. Good to know! Thanks for that!

@Jesus Sosa

Absolutely! Have to run the numbers in both situations!

Also wondered if it's easier or harder to deal with STR or LTR tenants. I'm sure they both have their pros and cons.

@Gerald Pitts

Right market would mean closer to a city or destination area correct? That’s what I would assume. High tourist areas.

@John Underwood

Got it! Heavy rehab projects at that cost correct? You want to be local for those I would assume.

@Nathan G.

Really appreciate that input!

When looking to purchase your first investment property, would you prefer a short term or long term rental plan?

Would love some pros and cons!

Thanks!

@Ken Nyczaj

Love that advice. Great people build great things. Appreciate that.