Quote from @Surya S Kumaresan: Hello Folks,Hope 2025 is off to a great start for you all!

Quote from @Jamie Parker: Quote from @Luka Milicevic: Quote from @Jamie Parker: Everyone gave great advise, I would not use 70% when you start to get to the granular numbers.

You can withdraw from your 401k starting in the year you turn 55 if you qualify.I am following a plan similar to yours.

Congrats on getting started!

And I understand that there is a person here on BP that started a meetup for St Joe, but I have not seen them posting it lately..

I am just starting out and have 1 STR.Would love hear the pros/cons that you took into consideration when deciding how you want to manage your STR.

Cosmo - I personally don't know Phoenix well, but if I had to do this in another city I would look at income levels, crime levels, and population growth (if you can) by zip code and/or area within a DMA as a starting point.

Hi Joshua, the amount of down payment also changes with the cost of the property, so starting with a less expensive property may be smart (for multiple reasons).

Hi Drake,You are in the right space to get started, so congrats on taking the first step.

I also just started working with Penn State Federal Credit Union.