The information contained in this post is not to be relied upon.

The information contained in this post is not to be relied upon.

Hi Sean, I do out of state investing myself and rely on my property manager the day to day operations. 

Buying in those areas makes more sense for STRs as the municipalities rely on the revenue.Less chance of a lot of regulation.

Who are some colleagues or friends who could speak to traits of yours that translate to the real estate world?   

Sellers generally recognize that some assets are likely mispriced, whether too high or too low, because the sellers knows less than local investors and are likely relying in large part on BPOs.   

I would not recommend relying on a HELOC as emergency funds for everyone.

For investors, this translates into higher cash flow and improved ROI.2.

Our market heavily relies on the universities event calendar, so wanted to weigh in here on some recommendations. 

Don't solely rely on third-party management companies; instead, focus on building a solid asset management plan and, if needed, bring in experts or partners who excel in this field.