New investor, deciding whether to go Long-term rental or short.

[Jorge Juarez]

Hello everyone, I have been on the fence on a AirBNB or long term rental. This will be my first property and still nervous about which direction to head for. Would love to purchase close to where I live, have been trying to analyze properties using the Calculator but am not getting numbers that make me feel confident. Any advice would help.

[Dallas Regimbal]

@Jorge JuarezI would recommend if you do go the short term rental route to be sure you do your due diligence and be sure the numbers would still cash flow as a long term rental. This is because you never know what the future hold as far as zoning, laws, and regulations go with STRs every market it different and subject to change. It would be a good idea to ensure the property you purchase will be positive cash flow for both STR and LTR to limit your risk. I hope this helps!

[Bruce Woodruff]

Find an area where either would work. More importantly, do a bunch of searches here and you will get a bunch of good info to evaluate....