All Forum Posts by: Steven Chan

Hey everyone,
Long time reader, first time poster. I’m looking to get into short-term rentals and wanted to reach out to those with more experience. I’m in the research/learning phase right now and trying to figure out the best way to get started. Any readings you suggest? Any calculators to play with? 

For those already in the game:

• What do you wish you knew before starting?

• Any beginner-friendly tips for managing properties effectively?

• Are there markets you think are still worth exploring? We have been looking at Broken Bow OK, for a cabin type airbnb, due to proximity (located in DFW).

• That said, one of my concerns is property appreciation. From what I’ve seen, values in Broken Bow don’t seem to rise as fast as in other markets, so I want to make sure the numbers make sense long-term
  

• Any advice on common mistakes to avoid?

Really appreciate any insights you’re willing to share. Thanks in advance!