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Updated about 17 hours ago on . Most recent reply

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Austin Fowler
  • Investor
  • Reseda, CA
109
Votes |
219
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Is anyone still expanding the portfolio of STRs?

Austin Fowler
  • Investor
  • Reseda, CA
Posted

Would love to connect with someone that is expanding their portfolio of STRs in today's market. I have heard lots of stories from people that have acquired STRs and has shifted to STR management or other services to this industry, but I'm really struggling to find a mentor that knows how to navigate today's market and add profitable STRs to their portfolio and is actively doing so. Is anyone on this forum currently an active STR acquirer/builder? Having success in doing this?

Most Popular Reply

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James Carlson
  • Real Estate Agent
  • Denver | Colorado Springs | Mountains
2,810
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2,449
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James Carlson
  • Real Estate Agent
  • Denver | Colorado Springs | Mountains
Replied

The right STR property is always a good buy.

The short-term rental market, at least here in Colorado, has birfurcated. You either go:

-- Small and unique couples getaway. Think cool A-frame with awesome amenities.

-- 5br+ vacation rental for big groups.

The good-enough but bland 3br cabin just doesn't cut it anymore. My two cents, at least.

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James Carlson Real Estate

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