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Updated over 2 years ago on . Most recent reply

Ryan Shekell's profile image
Ryan Shekell's profile image
Ryan Shekell
  • from Rochester, NY
  • Member since Jan 31, 2017
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Ryan Shekell's profile image
Ryan Shekell's profile image
Ryan Shekell
  • from Rochester, NY
  • Member since Jan 31, 2017
Connect
Ryan Shekell
  • Rochester, NY
3
Votes |
27
Posts
Short-Term & Vacation Rental Discussions

2% Rule is Impossible

Ryan Shekell
  • Rochester, NY
Posted

As STR becomes more popular, common BNB area prices seem to increase making 2% rule more difficult to find. Anyone have strategies for finding properties that cash flow? Is it finding off-market deals? Or is AirDNA data lagging current trends with increased price? (Specifically Emerald and Forgotten Coast of Florida)

  • Ryan Shekell
    • Tallahassee, Florida
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    Bruce Woodruff's profile image
    Bruce Woodruff's profile image
    Bruce Woodruff
    • #2 All Forums Contributor
    • Contractor/Investor/Consultant
    • from West Valley Phoenix
    • Member since Apr 11, 2021
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    Bruce Woodruff's profile image
    Bruce Woodruff's profile image
    Bruce Woodruff
    • #2 All Forums Contributor
    • Contractor/Investor/Consultant
    • from West Valley Phoenix
    • Member since Apr 11, 2021
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    Bruce Woodruff
    #2 All Forums Contributor
    • Contractor/Investor/Consultant
    • West Valley Phoenix
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    Bruce Woodruff
    #2 All Forums Contributor
    • Contractor/Investor/Consultant
    • West Valley Phoenix
    Replied

    Forget all the so called 'rules'. Just figure out if the profit vs expenses creates a ROI that works for you.

    11 Votes
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