Do you think it’s too late to get into the rental game in Melbourne?

Due to Hurricane Helene, we had to unilaterally cancel a number of guest bookings in Cocke County, TN.  While no properties actually flooded, the entire area was a disaster - roads destroyed, rescues, loss of power, a...

This will hold true in any lower cost inventory neighborhood, not a Philadelphia specific problem but resist the temptation particularly if you are not a local hands own operator.

Long-Term PerspectiveBe Patient: Real estate investing is often a long-term game.

To be successful right now in STR, you either need to go all out and beat everyone else on their table stakes (pickleball, basketball, game rooms, saunas, hot tubs, etc.) or you need to understand the market better than anyone and pick a niche for that market.Right now, you are one post in and just asking for someone to tell you anywhere in the United States to invest, which is silly.

Our residents stay 6+ mths but again we are NOT on airb we are a true mid term rental.

This holds true for contractual relationships as well as partnerships.

I personally don't see a problem paying a couple of extra pts for a 1% reduction in the loan but some people I know are very adamant that we shouldn't be paying pts at this time in the game.

The two places that I'm referencing are more of the true "destination" type places. 

I will tell you two things to be true about him.