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Updated almost 6 years ago on . Most recent reply
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30-Day Min Strategies on AirBnb/VRBO?
Bought a second home/primary residence in Tierra Verde, FL about 3 months ago and was planning to do STR May-Oct (6 Months) and live in it myself Nov-April. HOA had no restrictions when I bought, which is one reason why I bought on Tierra Verde, but HOA is now in process of passing 30-day minimum for the community (it has passed vote, will be enacted in April). My goal with this property has always been #1 primary residence and #2 offset expenses with STR, it was not purchased as a straight investment. My question: should I even bother to list this at 30-days on VRBO or AirBnb? Or just look at the traveling nurses sector or maybe furnished corporate? Or simply attempt a 6-month furnished lease with 1 tenant? The house is a 4/2 with a pool/spa, great area, very close to beaches, great restaurants, a state park, and more.
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I say YES! I had a client that recently had the same issue and she went the 30-day route and it has worked out VERY well for her. She has hosted some great clients. I think it is an untapped opportunity that is definitely worth looking into.
If you do go the 30-day route make sure that you require weekly cleaning so that you can be sure that the condo is being cared for.