Looking to get into STR
Hey everyone! Ive been looking to get into STR. But am struggling on finding the next step & making sure i am going in the right direction. I got my LLC going & a registered agent, any suggestions on whag direction tk go in now? I know i have to get the funding but as far as finding profitable properties im kind if stuck.
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Highly recommend Short-Term Rental Long-Term Wealth by Avery Carl. It's in the BP bookstore for 15 bucks. It's the main playbook my wife and I used to start our coastal STR a few years ago. Every now and then you'll see Avery or her husband Luke on the BP podcast.
Robuilt on YouTube is also a tremendous resource. I wouldn't really call him an STR guru. He's more of a STR savant. He's doing things in the space I never dreamed of with Funkit Interiors.
There's also an STR calculator on BP you can use to practice underwriting.