Quick Introduction about me and my long term plans using STR to further invest

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Quick Introduction about me and my long term plans using STR to further invest

Edwin Ramos
Member since 2025 · 2 posts · 3 votes

Hey there investors, I'm recently getting into this space. I am just now starting with a STR in my area and plan to expand in the future with 4-5 STR in mind. I will work on optimizing my current airbnb, learn from the experience and improve from there. Long term I plan on using profits from my STR to get into Mid term rentals and start getting into Duplexes and Triplexes to earn more consistent income as well. If anyone is in the are and would like to share some input or information that would be great, thanks.

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Jaycee GreenePro Member
Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
10mo

Hey @Edwin Ramos, welcome to the BP Forum! What market/city are you thinking about targeting for your long term plan?

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  • Jaycee GreenePro Member
    Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
    10mo

    Hey @Edwin Ramos, welcome to the BP Forum! What market/city are you thinking about targeting for your long term plan?

    [email protected]
    1Reply
  • Edwin Ramos
    OP
    Member since 2025 · 2 posts · 3 votes
    10mo

    Long term I'd like to go back to Texas and invest in Houston, Dallas, and Austin as well. Whether its a few STR or just multifamily homes.

    1Reply
    • Jaycee GreenePro Member
      Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
      10mo
      Quote from @Edwin Ramos:

      Long term I'd like to go back to Texas and invest in Houston, Dallas, and Austin as well. Whether its a few STR or just multifamily homes.


      What kind of price range/down payment would you target for duplexes/triplexes? Would you look for turn-key properties or something along the lines of a "fixer upper"?

      [email protected]
      0Reply
  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    10mo

    @Edwin Ramos

    I must say that sounds like a plan and I agree the best way to lay a solid foundation is to start with one STR. I think you should pay special attention to pricing tools, cleaning procedures and guest experience when you optimize your first Airbnb, these will be crucial as you grow into four or five units and eventually add mid-term rentals and small multifamily. Also you should know that the transition into duplexes and triplexes will feel much more natural if you maintain consistency and monitor your numbers.

    Good luck!

    [email protected]832-776-9582Podcast Guest on Show #469
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  • Jules Aton
    MD/DC · Member since 2024 · 1k+ posts · 1k+ votes
    10mo

    Check out the STR section here for good information.

    0Reply
  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    9mo

    You should drill down your concentration to location(Neighborhood specific is better than a state).

    I would pick one of the cities you mentioned and disregard the other two. Atleast until you built a foundation in one of the cities. I would also, if possible, pick a zip code within that city.

    Houston, Dallas, and Austin, while all are within Texas are very different.

    Best of luck to you!

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