Hi everyone! I’m Audrey from Naperville, Illinois, although my husband Joe and I own and operate our short-term rental, Timberwilde Retreat, in San Antonio, Texas. I’d consider myself to be in Stage 4 – Scaling. We currently own one STR that has been closed for the past several weeks while we completed a full renovation, redesigned the guest experience, and repositioned the property to compete at a much higher level. We’re relaunching after July 7 and are already thinking about what Property #2 looks like. My 90-day goal is to successfully relaunch Timberwilde Retreat, increase our annual revenue into the upper tier of our market, continue building our direct booking foundation, and put ourselves in a position to confidently purchase our next STR. The biggest thing holding me back right now is balancing cash flow with long-term investments. Every decision seems to come down to, “Do I invest in growing the current property, or do I preserve capital for the next one?” I’m also looking for better tools and better data to help me make those decisions with confidence—which is what brought me to STRiQ. Looking forward to learning from everyone and hopefully contributing along the way!

Hello, my name is Jaime. I currently own one STR Vacation home in PA and am operating 6 units in Dallas through STR Arbitrage. Current stage is hunting and scaling on the arbitrage side so I can use the cash flow to fund purchases. 90 day goal is to add 5-15 units, to create $7-$10k in net income. I saw an add for StrIQ and it seems to fit with my goal of scaling, although it seems more focused on purchases. We kind of started backwards, operates full duplexes with all the usual house costs and maintenance. We have since built our Tech stack to help automate. We have a great team in Dallas, so that is an opportunity to scale. However, we also want to diversify so that we can minimize the effects of location and seasonality fluctuations. We are considering a focused marketing effort for MTR and corporate MTR rentals, and we are focused on moving off ABNB to limit fees. I look forward to meeting others, finding solutions, and helping all of us achieve our goals.

Glad you're here. Your first step: Head to the Classroom and complete the Welcome & Start Here course. It takes about 10 minutes and shows you exactly how to get the most out of this community. Once you've done that, come back here and introduce yourself in the comments. Tell us: 1. Where you're located 2. Where you are in your STR journey (learning, preparing, hunting, or scaling) 3. Your 90-day goal See you soon, — Matt

Go to the following website to use the free CSSI Cost Seg Calculator and get a Conservative and High-End estimate of the faster depreciation deductions and income tax benefits your STR property could bring. Scroll the bottom of the Property Type drop-down list and select Vacation/Short Term Rental: https://cssiservices.com/sales/joe-ketron

Hi, my name is Jeff Mossman, and I am from Iowa. My 90 day goals are to complete the STR Investor roadmap, get pre-approved for a DSCR loan, analyze 20 properties, close on a 10 bedroom plus property specializing in DIY weddings, and create $8K monthly cash flow.