All Forum Posts by: Ricardo Hidalgo

HELLO!

What is the best beach market to invest in for strong appreciation and break even cash flow???

Would love to hear other experienced investors opinions on this topic. I am currently in one beach market and multiple mountain markets. I am searching country wide for upcoming beach markets and Im all ears!

Hello BP,

I am in a quandary and would appreciate some input from the group. I have about $250k saved at the moment. My quandary is on how I should use my funds. Currently, I am renting a place from a very good friend at below market rent in a very small town. Unfortunately, there are no real population centers (over 100k people) within 2 hours of where I am.  Here are my options (as I see them): 1. Stay here and put my money into marketing the business hoping to find deals here or trying to do virtual deals (something I'm not a fan of, tbh) in areas with higher populations or 2. Move to an area with higher population (with hopefully more opportunities)  buy a house and start my business with say, $60k-$80k less. 

A little more information: the area I am currently in, I cannot afford to buy a house here in this small town; way too expensive. I'm only here because of my friend's generosity. So the option to buy here in this small town is out. Also, I'm no kid so the idea of house hacking is out. Just not something I'm interested in doing.

I really appreciate any thoughtful insights here. 

Thank you so much,

Curt

Greetings,

I am a 45-year-old individual seeking to expand my investment portfolio with additional properties. Currently, my husband and I manage four Airbnb listings. We own two of these properties, while the other two are leased and operated as Airbnbs. Notably, the leased properties are located outside the United States, and we manage them remotely.

We have our downpayment saved and approximately $450,000 in combined equity from our existing properties. We would greatly appreciate any advice on promising markets, recommendations for reliable agents and lenders, as well as insights on how to proceed as newcomers to the industry. Our experience is in short-term rentals, but we are open to the idea of being landlords if we find the right property.

Thank you in advance for your assistance.

 Hi January.  4 BR home in Seacrest, its south of 98 on the east end next to Rosemary.  Very family friendly.  Community pool and deeded beach access.

Good afternoon all, 

I just wanted to write a quick post to talk with any investors in FL, specifically the gulf  coast. I plan to invest here soon and wanted to share some information about the market, rental income, or even general talk of the area. Thank you hope to hear from you!

We have a few coming to market. All new construction. We have a large STR portfolio and can provide the projections for these floor plans. If you want for the right price we can also have it decorated and furnished. price ranges right around 1m-850k. All with pools. DM me if you are interested.

Hey I'm looking for someone with short term rental experience in the Gulf. Mainly in the Panhandle area of Florida and the Gulf Shores area of Alabama. I've done some research and there is still some ambiguity. Wondering if there is anyone wo can give me more concrete numbers and expectations on expenses and revenue before I buy.

Thank you 

Hi all looking to scale my STR portfolio in the Panama City beach area... particularly looking for either furnished or unfurnished homes in the area (Bay County or other counties) that allow STR. Anyone have any leads for a good/trusted realtor there who can support the search?

Todd here, humble sojourner in the vast and ever-changing landscape of short-term rentals. My journey began 15 years ago, with a couple of STRs that felt more like dipping toes in the vast ocean. Now, as the tides of life bring me closer to the serene shores of Navarre Beach, where my children have woven their lives into the local tapestry, I find myself drawn back to the world of STRs with a heart full of curiosity and a mind eager to refresh & learn.

Looking forward to learning and growing with you all,

Hi,

My family and I are looking at REI with a focus right now on FL, CA, or AZ, with other considerations in the mix. We are 10-15 years out from retirement, so our current thought is to get a STR or MTR that we can use part time in a limited capacity until retirement. Not looking to build a huge portfolio or anything, just want a warm place to escape from time to time as well as an eventual retirement location.

We are a bit overwhelmed and looking all over the place. We do like both coasts of FL, but are worried as one would expect about insurance costs. I like Naples but the value on the east coast (e.g. St. Augustine) looks better. We used to live in SoCal and are fond of the area but most coastal areas are not a good fit in terms of value, so perhaps some of the areas around Palm Springs (e.g. Indio) that allow STR. Some interest specifically in Sedona AZ via word of mouth from friends but we need to look into it.

We are preapproved and ready to get going but need to explore our options and get as much good advice as possible. Would be very interested to connect to anyone with thoughts on those areas, in particular anyone doing STR in these areas remotely from MN or the midwest. Open to recommendations to LTR but we lose the occasional access we are hoping to have.

Thanks for reading and best regards!

Dave