They are out of Destin.

Spend $300K to add an ADU to our current home on five acres in a vacation destination that could generate a similar ROI as an STR. 

Hi everybody-We have our first STR in a tourist destination and had a very successful first season.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $1,100,000

Cash invested: $100,000

Sale price: $1,350,000

Held, got cash flowing and sold during early stages o...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $1,428,000

Cash invested: $280,000

1031 into property. FMV is $2.5M with rise in real estate value in FL.

Success is not final, failure is not fatal: It is the courage to continue that counts.

Nazareth is certainly not a destination town so I'm curious if any of fellow BP members from the area have employed a str strategy and to what degree of success. 

Connecting the DotsA friend of mine once told me that when you set out on a journey to accomplish something, you won’t be able to see how everything worked together until you reach your destination.

Until we return to a fabric in society where the journey is more valued than the destination it will only get worse. 

I recently did this for a new $11k HVAC system and earned 110k travel points which is enough for 2 roundtrip airline tickets to most international destinations or 4+ roundtrip domestic flights.