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 followTrying to size a check for this and I only ever see the purchase price discussed. A two bedroom condo in a tourist market, say $320k, 20% down is $64k. Then what? Somebody told me…
Trying to build the operating line of a model for two units and I keep guessing at the software and services layer. Specifically what people pay for a dynamic pricing tool, whethe…
I've got a side by side duplex with long-term tenants in both halves. One lease ends soon and the nightly comps in that pocket are strong enough that I want to try it on that unit…
I've got a handful of doors and the cleaning side is the part that keeps breaking. Every cleaner I use is a solo operator, they cancel, and a Saturday cancellation in a market wit…
Two units in the same beach market, both listed all year, both with the same photos and the same review count. Rate stayed around $210 average because I refuse to chase the bottom…
I hold notes, I don't own the properties. With a long-term rental I can look at a lease and a payment history and get comfortable. On a short-term rental there's no lease and the…
Looking at a small cabin about two hours from me and I can't get my head around the management side. Everyone in the comments of everything I read says get a co-host, they take 20…
I run turnovers for a handful of owners and one of them keeps forwarding me screenshots of her numbers because she thinks I know what they mean. Her cabin shows an average daily r…
$465k, 3/2, walkable to the main street of a small tourist city. The city licenses short-term rentals annually and caps non owner occupied licenses at 4% of the housing stock. The…
Reading 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…
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…
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…
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…
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…