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Scott Floyd
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Getting started in the STR world

Scott Floyd
Posted

Hi everyone, brand new at this. Went a few STRs in the grandstand. I currently own a personal vacation condo in Myrtle Beach. Just closed 2 weeks ago. I'm looking to invest in my first STR by the first of the year.

Already have LLC set up, banking and business license. I've been using Claude to create business plan and run data analysis along with Rabbu on units that fit my plan. I plan to acquire 4 units over the next 4 years. I will be moving there full time at that point and turn our personal condo into the 5th STR at that time.

Any beginner tips, tricks, dos or donts would be appreciated.

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