Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

15
Posts
20
Votes
Quincy Hall
  • Rental Property Investor
  • Chattanooga, TN
20
Votes |
15
Posts

Business Partner Wants To Sell

Quincy Hall
  • Rental Property Investor
  • Chattanooga, TN
Posted

Hello,

I currently share an STR with a buddy of mine. We purchased the property back in October 2021. It is located in Ellijay, Ga. Since then we have grossed 47k and it is currently booked all of June and July to make an additional 9k. With all of the recession talk going on my buddy wants to sell because he feels like people are going to stop traveling (HIGH GAS),and I was on the bandwagon too for awhile. However, my wife thinks we should keep it and just buy him out and continue operating. Your input please.

Most Popular Reply

User Stats

4,236
Posts
5,686
Votes
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
5,686
Votes |
4,236
Posts
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Replied

Buy him out 

Loading replies...