The license doesn't cost more, the service and quality does.And a note on that cost, in my experience hiring contractors, only a small percentage of the cost savings was due to finding the right guy who is willing to work for less.

I'm Igor - a revenue management expert with over 10 years of experience in the hospitality industry.

What’s been your experience?

I had a similar experience last year with a property in Raleigh.

- In our opinion/experience, it's important for an OOS investor to understand the "lay of the land".

It’s great that you’re looking to connect with local investors—it’s always helpful to learn from others’ experiences as you get started.As someone new to investing, one thing to consider is not limiting yourself to your immediate area.

In my experience, finding cash-flowing deals on-market can be challenging here (1% rule can be hard to find) but not impossible.

Getting the information takes time and experience but once you have it you'll be light years ahead of others who are just starting out. 

I am single and 42 and doing this all on my own... no one in my family has any experience in the investing side of things, so I am truly starting from scratch.As of April 2025, I will be moving to the Charlotte area (along with my two pups) and putting a renter in my Austin house. 

Ask how many units they manage and how much experience they have.