We have guests coming in from England this Friday the 11th.

They are all coming from New England, specifically NY and Connecticut.

The more I talk to investors in other parts of the country the more it seems clear that this is the Achilles heel of New England: too short a tourist season.

As you may know being local, SB249 is the bill that came up as a defense against towns like North Conway trying to shut down STRs, but it ended up in zombie state due to the sheer nature of diametrically opposed views on the matter and Governor Sununu’s push to do better than what the bill ended up proposing.Some details here: https://legiscan.com/NH/bill/SB249/2022As with all areas in New England I encourage investors to start thinking of oversaturated STRs markets as expense offset versus cash flow properties.

@Dave Hart hey Dave, I can’t see where you’re located but if you’re by chance in Northern New England I’d be happy to give you a referral to my guy.

After some phone calls, I found out that many New England states don't have Oxford programs.

Most people in New England don’t bother with hurricane insurance, and even more people laugh when we say we have earthquake coverage (low likelihood?).

The most passive investment, not that good one but totally part of my journey.Those days I had a 2 years old toddler and I was a photographer, I photographed for fashion magazines, e-commerce and for startups.A year after, 2019 I’ve decided to have my second daughter2020, Covid is in the air.A 3 -year-old toddlera 1 year old baby girlI made my second out of state investment, this time in England. 538 sqft, Nice cashflow, not amazing, bottom line not a good investment at all - bought it with Real Estate Investment Mentors which recommended this property.

That is the situation I am in - while I work with investors nationwide, I am most heavily focused in New England, but our firm has a SALT team that I can pull in to help on the other states I don't regularly see.

PS Rochester and Buffalo were ground zero for much of this stuff also there were groups buying those homes for 10k packaging them up and selling them for 80k to investors from England. the city / state finally cracked down on that and there was some folks that got in trouble on the criminal side of it.. you can google it.. wont mention names but you can find it if you dig deep enoughBut this is nothing new.. buying hood rates for pennies and selling them for dollars to foreigners and unsuspecting out of state folks.