Hey everyone,I’m building out a short-term rental in the [Joshua Tree] market and looking to connect with local cohosts or STR operators who take pride in running top-tier guest experiences — the kind where systems are dialed in, and the property shines every time.I’m not looking for a traditional property management company  — I’m looking for a boots-on-the-ground partner who thinks like an investor and operates like an owner.I’m hoping to find or learn:Anyone here cohosting in the JT area and open to sharing their experience (what works, what doesn’t)?

DM us to set up a call to discuss further😊 @Drew Sygit Thanks for sharing such an honest breakdown — this is exactly the kind of insight newer investors like me need.

First of all, they tell me all kinds of good intel about the sellers or the home (which they probably shouldn’t since they represent the seller). lol.

Thanks, Jeremy eXp Realty has 200-300 local agents with a 30+ agent team joining the Portland branch last fall.That said, the right fit for you could be in a 3-agent office.It all depends on what kind of environment works best for you.Some new agents thrive in brokerages that offer extensive training, mentorship, and other support/handholding.Other new agents are OK with just being surrounded by other successful brokers, despite there not being much training. 

Set your goal to save $100,000 this year and if you fail and only hit $50,000 or $80,000, well you've failed in a great way.There are all kinds of websites, youtubes, and groups around that will waste your time and money trying to to get you excited about using OPM or no money down or trying to buy Sub2. 

-What kind of tenants should I realistically expect?

Be prepared to work your butt off and to sometimes not be treated kindly. 

What kind of properties or neighborhoods have worked best (or not so well)?

Adjust the numbers so they reflect reality based on what you're doing now.That gives you a basis of what kind of building you are looking for.

We are talking way way above the 10k distribution limit and we are not first time owners.Thank you for any input....For #2 it would be a in-kind distribution (transfer in kind) where you would have to get an appraisal and your custodian would then list it on your 1099-R as a distribution for that amount.