Updated about 1 year ago on . Most recent reply

Breaking into the STR Space
Hello everyone! I am turning 18 in less than 3 weeks and can say I have been a business owner throughout my high school journey, from small local hustles to building products in my basement to sell online.
I am an aspiring Real Estate investor reading many books and conducting hours of research hoping to build an impressive real estate portfolio in the future! I have picked up a curiosity and even passion for short-term rentals and hope to own my own STR property in the area of the University I am attending.
To learn more about the space and discover the opportunities, difficulties, ups and downs of being a host as well as funding my STR in the future, I have been organizing and building a co-hosting company with hopes of helping hosts relieve stress while at the same time discovering what it means to own an STR and what it takes to have happy guests.
I wanted opinions from real estate investors, STR Hosts, and even property managers on the difficulties of hosting, tips for my co-hosting journey, and especially, how to onboard my first client with no references and where to find hosts.
Thank you in advance!
Most Popular Reply

Read through older posts on here. There is a wealth of info here.
Read Avery's book.
I would also recommend Chad Carson's book "The small and mighty investor"
Congrats on getting started so early.
If I knew what I know now at 18...woe.
Let me know how I can help.
Oh I would start with some inexpensive STR'S property's maybe with owner financing to get started.