Looking for AirBnB business wanting funding
Hello Everyone, I'm new to real estate and am attracted to the STR model. Looking to play the silent investor role and be hands off, while providing the finance for someone or a team who already have an established business buying, furnishing, and managing AirBnBs. This way I can help them continue to expand their business and in return I get a new source of passive income. Any advice on how I can find these types of people/groups who are looking for investors?
Most Popular Reply
@Aaron Williamson - You should reach out to a short term full service property management company, then find yourself a property and have them manage for you so you can be hands off, it will diminish your returns as you will have to pay them but you will be hands off.
If your goal is to be a silent investor, provide finance and be a passive investor, why do you want to specifically be in the STR business? Do you expect returns to be better than rentals?