Short-Term & Vacation Rental Discussions

User Stats

14
Posts
8
Votes
Bryce Clark
  • Rental Property Investor
  • Rochester Hills, MI
8
Votes |
14
Posts

Need to spend $4 Mil on STRs ASAP

Bryce Clark
  • Rental Property Investor
  • Rochester Hills, MI
Posted Nov 27 2021, 16:22

An investor friend is selling his business and will have around $4 million to acquire properties, mostly limited to Opportunity Zones. Obviously a tax deferral + investment play. It will all be invested in STR with the aim to refinance next year and do it again. I am brought in to locate, set up, and remotely manage.

We have a few ideas and options, but how would you start? Which market(s) would you go in?

Looking forward to connecting with more people as well. So many great things have come from networking here on BP!

Loading replies...