Updated almost 4 years ago on . Most recent reply
STR Location Near Busy Roads
Hello, new investor here and I just had a question for anyone doing STR. Are you okay with purchasing a STR property that backs up to a busy road or is nearby a major highway. I know you obviously may not want to flip a property that backs up to a major road. But for short term rentals, is it going to be much of a drawback?
I only ask because I am in a city about 20 minutes outside of Phoenix. I have noticed that some of these houses that back up to busy roads, tend to stay on the market longer, and I may be able to purchase at a better price.
I was just curious of some people's thoughts on this, and if they have experience buying a STR near a busy road.