All Forum Posts by: Aaron T.

Then STR guests wonder why check in instruction and house rules are so long. They started short, but as each guest makes these types of comments they have to be put in the listing. then they complain its too much to read.

you will never win with these people. Entitled.

 Good to see Max on here. If you need bookkeeping help, he is a great place to start. 

been in the STR space for over 10 years. The one piece of advice we give is...if you do not plan on living in the property or needing to come stay at the property, then go long term rental.

STRs are a job. there is nothing passive about it. If you want to answers calls 24/7, be on a 24 hr satisfaction cycle, manage teams, then STR is for you.

 there is no such thing as squatters. They are criminals that are breaking and entering, then should be dealt with accordingly. 

I would recommend that if you have not used your VA loan yet, do so before you retire. Buy a 2-4 unit, no money down at your duty station. Live in one unit and rent the others. Live for free, use your earned money to have zero debt upon retirement. Then when you PCS do it again 2-4 units no money down. This could give you 8 units in the next 3 years with an Infinet return.

6 months out from retirement, apply for your VA rating. This is also Infinet return as long as your are alive for the military using and abusing you.

Check out the book from the Active Duty Passive Income guys. They also have a podcast that will be helpful and geared toward military. 

I stopped investing in Puerto Rico due to high prices and quite frankly, you dont want all your eggs in one basket down there. We are one hurricane away from having zero income on all properties for months. I also feel you can 10x in the US rather than PR. just my opinion of being in PR for the last 9 years. 

This will be a few years away. Even from CDR USSC, he has no details he can give the staff. It's a sit and wait game for those HQ employees. 

Puerto Rico is hard to do business in. Prices are up and we decided to stop buying there. We took our capital off the island now. 

We are owning and managing in Aguada and Cabo Rojo. Rincon is a bit over prices and over saturated. I believe I read there were 700 STRs last year and this year there is 1100 STRs. 

At this point we have taken our capital off the island, everything is too expensive and not a lot of meat on the bone. 

 Yes, you live in one unit and rent the rest. the unwritten rule is owner occupancy for at least a year before you move on, PCS, etc.. then go do it again. 

 That's a small way of thinking. not everyone has cash, but there could be stocks, other areas you can borrow against other assets with equity that may better suit your goals