Quote from @David Spurlock: That's wonderful to hear Alex!

Hi Jon from Boyertown, PA-You and your fiancé are interested in buying your first short-term rental and wonder profitable areas to purchase with a budget up to $500,000.I would look at places along the west coast of Michigan, Grand Rapids, Kalamazoo, and near Ann Arbor, MI.It is important to understand the local STR regulations in each community and partner with a property management company that can help your navigate that and manage it well for an excellent guest experience.Don't forget to look into bonus depreciation and doing a cost segregation study to increase the tax benefits of ownership and if you "materially participate" in the management of the property per IRS guidelines it can offset active W-2 income which most real estate cannot.To Your Success!

Hello BP's:We're looking to start building our real estate portfolio, right now analyzing different market to find the right one for us.We were wondering if anybody has experience in Sherman, TX market?

Wondering what your upcoming plans are.

I'm looking to investigate this market a little further and wondering if anyone can help me out.

Signage is wonderful, but a sign isn't a legally enforceable contract between parties.

Wondering if it worth it to explore providing temporary leasing vs. long-term leasing to begin.

Adding mass to the walls works wonders—attach Mass Loaded Vinyl (MLV) to the shared wall, then cover it with a layer of 5/8” drywall using Green Glue soundproofing compound for extra noise-blocking power.

@Austin Green also wondering if you did the STR in Franklin and how it's doing?

I'm planning to turn it into a rental and was wondering if I should consider hiring a property manager for my first rental.