All Forum Posts by: Alex Wise

@Steven May

I hear you. And along the lines of other topics in here, it sounds like your STR is booked almost solid and you're in Kansas City, MO? Are you close to downtown or out in the burbs? Popular area?

Any thought converting the other LTRs into STRs or content managing just the one for now? I think I know the answer die now based on your message :)

@Johnny Horner

I appreciate that, Johnny. You’re right in that *most* people just want a place to stay and I, personally, and more prone to renting AirBnBs before a hotel, which there are lots around me. So I’d think it would be an over-saturated market but to @Alex S.‘s point, I guess they wouldn’t constantly be building new hotels if that were the case.

I do know I’d get more for my money here so comparatively speaking maybe margins would be comparable for the money I’m investing in the home off the bat.

Question: where do people find these amazing make-or-break cleaners?? That’s come up time and time again.

@Stephen Beal

Thank you Stephen! I’m with you!

@Myka Artis

It really does seem like there are more and more resources for this to be easier.

@Rob Hakes

Thanks Rob. Some people make it sound so easy with booking platforms, good cleaners, and a local handyman.

But I get why you’d say that because I can’t imagine it’s really that easy to manage it all remotely.

Maybe it is and just takes time to build that team?

@Jeremy Reynolds

Being from Ohio, I feel like Myrtle Beach could be a natural connection. Seems like everyone in Ohio goes to Myrtle Beach but maybe that’s everyone in the Midwest?!

I’ll connect with you on here as it would be nice to have somewhere to start if that made sense for me!

@Remington Lyman

I’ll say I have more income than I did 5+ years ago when I was looking, but heavy handed investors had way more cash to make more appealing offers. I find if they are doing this full time they are likely old calling and working deals ahead of me too.

I haven’t explored that though so maybe I should.

@Connor Cushman

Easy and cheaper way to get started. Speaking my language.

@Justin Manges

That likely applies perfectly to me.

If I'm looking at an STR outside of Ohio, it would probably be out of state. I could stay there for awhile. I could even live in it until it's setup I suppose but that logistically sounds like a challenge.

So what are you thinking after you stay local a little while longer? Next steps?

@Robert Tinker

I do like that a well-located STR can become an LTR if needed. Sometimes less appealing the other way around.