After being displaced by the Maui wildfire in Lahaina Town, I began a new journey in the Midwest.

@Joshua Simmons Congrats on starting the journey!

First time poster here so let me try and lay down the situation.My wife and I are just beginning our real estate investing journey.

Hope that helps, and good luck with your STR journey!

So loan it is.A few thoughts/questions on my mind that I hope to learn as I continue my real estate journey:1.

This is a great platform to network and to continue to learn.Best of luck on your real estate journey.

When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

Hi Joshua,It’s great to hear you’re starting your real estate investment journey.

Congrats on starting your short term rental journey! 

During this journey, I discovered the world of house flipping and real estate investing in the U.S.