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Updated over 2 years ago on . Most recent reply

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14
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Ben Spaeth
  • Rental Property Investor
  • Chandler, AZ
6
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14
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SFH Airbnb Available Half the Month

Ben Spaeth
  • Rental Property Investor
  • Chandler, AZ
Posted

I'm a cargo pilot and travel at least half the month. I'm thinking about buying a house and STR with a manager while I'm flying. Planning ~$800,000 range, pool, No HOA, 4-5 bedrooms with the master off limits to guests. Chandler and Gilbert area preferred. Any thoughts? I need a good real estate accountant as well if anyone has a recommendation.

Most Popular Reply

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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
6,589
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7,929
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied

Hey @Ben Spaeth. That could work OK. Seeing as you are traveling a lot, it might be harder to manage it yourself as you might be in the air when you need to check in.

By using a PM, you will lose most if not more of your profitability, but that might be OK as it will cut down on your mortgage costs.

Get a CPA who is an actual investor and not someone who just took some classes. They can be anywhere so you are not limited to AZ.

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