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Updated over 1 year ago,
STR Lakefront Property
I am looking to purchase a Short-term Rental. I am looking at Lakefront property on Saturday. I am in NY, so the closing costs are a bit higher. I did an analysis on BiggerPockets, any feedback would be appreciated! I did the comps, and properties this size average $300/night. I figured I could rent out 150 nights/year, so that's where I got the rental income. Could not figure out how to add the file as an attachment, so I copied & pasted. Little hard to read, sorry.