Our STR/MTR portfolio typically sees around 80% occupancy, and I’ve noticed that the online travel booking sites often push properties with consistently great guest experiences.

As the investor gains experience, they are not only able to more successfully foresee the “bumps” along the way, able to handle recessions, temporary negative cash flow, unforeseen capital expenditures without panicking, but will also recognize the opportunities necessary to turn a loss into a break even.

In efforts to get more experience with IOS, we are seeking a financial partner that potentially has experience with this asset class. 

Here is my list of the most dangerous real estate related investments for the “non professional” investor lacking direct knowledge  and experience in these investments 1.

Questions they will have is who is the owner, what experience do they have, is their key person insurance against them etc. 

Does my experience resonate with yours?

From Before to Profit: A Live Fix and Flip ExperienceJoin us for an exclusive Fix and Flip Tour to explore real estate flipping firsthand. Visit the property and learn about various renovation stages, gain insights fr...

have you had this experience? 

If anyone has any other tips and tricks or things they have learned through experience I would be happy to get your thoughts.

More important than identifying target areas is establishing relationship with a local investor-friendly professional who has personal experience in investing in Cleveland.