Short-term rental investing means renting property to guests for brief stays, nights or days, typically through platforms like Airbnb and Vrbo, at rates far above what a long-term tenant would pay.
Log in to followReading a town's website and it lists a short-term rental registration, a transient occupancy tax account, and a general business license as three separate items with three separa…
Two bed cabin, listed as turnkey furnished and currently operating nightly. Seller wants the real property at his asking price and then $18k on a separate bill of sale for the fur…
Six months in, no deals, working on that. I've narrowed to two candidate markets for a first nightly rental and they fail in opposite directions. Market A is a mountain town, real…
Scope creep, my own fault. The cabin was a 3/2 sleeping 8. During the reno I framed out a basement room with an egress window, so it's now a legitimate 4th bedroom on the plans, a…
Two underwriting files open and they fail in opposite directions, so I want to see how the room splits. File A is a mature mountain market. I have three years of comp data, 40-plu…
I'm working out a furnishing number for a three bedroom and the quotes I've collected are wildly far apart depending on who I ask. The $8k version is warehouse store and marketpla…
Cabin is $140k, three bedrooms, gravel road, about 20 minutes from a state park entrance in an unincorporated part of the county. I called the planning office to ask what the perm…
Four unit building, I've owned it three years. Unit 3 went vacant last month, a 1 bed I've been getting $1,150 on a year lease. There's a small college and a hospital about a mile…
Looking at a one bedroom condo in a beach town. Comps on the block show about $180 a night and the listing agent said 60% occupancy is conservative, which pencils to roughly $39k…
Reading a co-hosting agreement someone sent me for a two unit in a beach town, and there's a clause structure I want other eyes on. The owner holds title. The co-host entity is na…
Two bed one bath, six blocks from a hospital. Nightly it's been averaging about $3,400 a month gross across the year, with peaks near $4,600. New ordinance sets a 30 consecutive n…