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Updated 7 months ago on . Most recent reply

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Parth Hasmukhbhai Manek
  • Contractor
  • NJ/NY
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Suggestions for investment in STR

Parth Hasmukhbhai Manek
  • Contractor
  • NJ/NY
Posted

Hello there! I'm new here and I'm planning to invest in STR in the USA. I need some suggestions on high ROI STR markets in the USA. Any suggestions would be greatly appreciated.

Thanks,

Parth Manek

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,602
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

That question isn't going to help you get good answers. What do you consider high ROI? How much do you have spend? What is your plan for management? What types of STR are you interested in?

To be successful right now in STR, you either need to go all out and beat everyone else on their table stakes (pickleball, basketball, game rooms, saunas, hot tubs, etc.) or you need to understand the market better than anyone and pick a niche for that market.

Right now, you are one post in and just asking for someone to tell you anywhere in the United States to invest, which is silly. You haven't done enough research on your own to help someone help you.

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