All Forum Posts by: Hanah Choi
Hanah Choi has started 3 posts and replied 7 times.
Post: STR in Philadelphia (south phili)
- Posts 7
- Votes 3
Hi, I am buying a house in South Phili for a short or mid term rental.
Anyone has an idea about how hard to take the license and general process and period of the licensing from the town?
This will be my first STR property that I am investing.
Any advice will be helpful!
Post: Need help finding STR investment property and region
- Posts 7
- Votes 3
Quote from @Stephen Schmitt:
Jonathan is right about making sure you have a strategy, and Syracuse is not considered a vacation destination for sure. However some of my best months are in the winter; we have visiting families for SU students, a ton of traveling nurses, and we are about to have the biggest chip manufacturing plant in the country. Look up Micron Technologies, it’s a huge $100 billion project. Mostly I get guests who are visiting family, businesspeople who need a longer term stay, and now I am hosting guests involved with suppliers who are scouting the area. I would consider Syracuse for investment but not if you’re looking for a place for vacations.
I would speak to someone from the area before dismissing it. Our prices are steadily (or actually rapidly) climbing, but still not anywhere near NYC or surrounding area prices. If Syracuse is still a part of your strategy, let me know!
Yes, as you mentioned, Syracuse won't be the vacation purpose, but mid-term rental for traveling nurses. Let me know if you have any listings that I can improve to market for mid term in Syracuse. My email is [email protected]
Post: Need help finding STR investment property and region
- Posts 7
- Votes 3
Woodstock area and the Catskills have STR restrictions.
I need both of them. I am still searching for the right deal to start, and require an estimation from the contractor. I am seeking a contractor who can work together in a long-term partnership. Have you worked with them?
Post: Need help finding STR investment property and region
- Posts 7
- Votes 3
Quote from @Stephen Schmitt:
I am a realtor in CNY that has STRs, and I help clients find them.
Great! Could you please share your listings with me?
I am looking for a first flip house investment in Newark, NJ, and I am also living in New Jersey.
Please refer anyone good if you have an experience with.
Thanks!
Post: Need help finding STR investment property and region
- Posts 7
- Votes 3
Hello, I'm exploring short-term rental (STR) investment opportunities within a maximum 4-hour travel distance from NYC. Navigating STR regulations can be challenging, and I'm considering potential locations in Vermont, Rhode Island, and upstate New York, specifically around Syracuse or the Jay area. Could you provide any insights or recommend a realtor specializing in STR investments in these regions? Your advice will be greatly appreciated as I aim to identify the most viable areas for investment. Thank you!