Pro Tips for Scouting STR Land Purchases (VV5)

Visualizing Land Projects & STR Potential With Annette Grant

Welcome back to Success Unlocked, where our hosting business master membership coaches discuss operations, social media, unique builds, co-hosting strategies, and so much more. This week’s episode is Vacation Ventures, hosted by Michael Hicks.

In this episode, Mike helps Annette work through her recent experience scouting two 100+ acre properties for potential STR development. From septic to signing – there are hundreds of things to keep your eye on in this process, and Mike’s just the guy to help us put a method to the madness. 

His vast building experience proves valuable in aligning early priorities with the city, county, and zoning commission; explaining how to make the math work; and avoiding beginner’s mistakes like overlooking natural water features, alarming nosy neighbors, and caving on your own preferred timetable for due diligence.

(00:02:55) Existing Structures & Utilities: Bonus or Burden?

  • Both properties have functioning utilities 
  • Getting soil tests and septic inspections 
  • Check for existing analysis in county records 

(00:09:41) First Steps & Important Early Priorities 

  • What can you do on the property?
  • Contacting the Planning & Zoning Commission 
  • When and how to reveal your short-term rental plans 
  • Determining a realistic search radius 
  • Four questions to ask when qualifying a piece of land

(00:16:10) Common Roadblocks & Beginner Mistakes 

  • Cross-reference legislative restrictions 
  • Double check for power and water
  • Avoid the urge to place structures too closely together 
  • To flip or not to flip? 
  • Inspecting 100+ acre locations
  • Look into easements and agreements

(00:24:05) Dollars & Sense: The Math Behind it All

  • Calculating the dream 
  • Mike shares real-life prices of his most recent buys
  • How to get dependable help on site
  • Hacks to fast track early profits 

(00:31:32) Revisiting Annette’s Research & Next Steps

  • Placing a call to the county 
  • Gaining valuable experience on walkthroughs 
  • Meet your neighbors and discuss intentions 
  • Doing due diligence on natural water occurrences 
  • Any animals or plant species to avoid?
  • Finals notes on septic and soil

Download a transcript of this episode.


Together, Annette & Sarah are the dynamic duo behind the wildly popular podcast Thanks For Visiting, co-creators of the Hosting Business Mastery Method, & seasoned short-term-rental hosts.

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