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Updated over 5 years ago on . Most recent reply
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Buying a Studio apartment on the beach using as Air BNB rental
So this would be my first property. The apartments are selling for 54K to 90K I think the higher ones are facing the ocean. The HOA fees are $700 a month and I wouldn't be living at this property. Don't judge but I live with my folks and this apartment is only 3.5 miles away. Supposedly this place is okay with it being an Air BNB rental. I make about 84K a year at my job and only work about 9 days a month albeit for 24 hour periods.
I will be visiting the complex to do a walk through and was wondering what are so good questions to ask? Does anyone think this would be a good investment opportunity? It’s somewhere in South Florida btw.