Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated 8 months ago, 05/06/2024
![Richard Chover's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/870667/1695749200-avatar-richardc195.jpg?twic=v1/output=image/cover=128x128&v=2)
So Cal - Considering getting into STR, is it really worth it?
We are considering getting into STR with one of our properties in the Murrieta/Temecula area of southern California. Our experience is with LTRs so we are a little hesitant to do a STR given the uncertainty of the monthly revenue.
The property is a 5 bedroom that should sleep 8-10, with a pool, kids playset, and pickleball/basketball court. Our research says that we should be able to rent on a STR basis for about $350-450 per night. Without boring you with our analysis, at a 50% occupancy rate it would net us about the same as renting it out long-term.
Every time I have analyzed converting one of our LTR into a STR the numbers have always looked better as a LTR. Have any of you found the same to be true, or are the STRs incredibly profitable and I am just not understanding the economics of STRs?