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Reply to "Second home as an investment property - worth the stretch?"
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[quote=Anonymous]i have 2 properties we STR and one we purchased in 2009 and the other late 2020. we’ve mad a fortune in both and it has been an incredible addition to a diversified portfolio. However the STR market is flooded and my mortgage is low enough to undercut my competition and still remain cash flow positive along with a mountain of equity. Don’t think i would invest in a STR unless i could afford the carrying costs in this market of high prices and high rates. [/quote]
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