Short Term vs Long Term Rentals

[Aubrielle Coldros]

Located in Fort Walton Beach Florida.

Which rental variation is most profitable with given market?

What about the off season vacancies? How does that affect the cash flow?

Thank you all!

[Charlie Cameron]

Hi@Aubrielle Coldros ! As an agent and investor local to the area, I can tell you that vacation rentals are more profitable. Some might argue that they are less recession proof but a less

Profitable STR market may end up as a wash with single family in this area.

If you search you can find similar threads of single families having very lame returns around FWB and surrounding areas, unless you rehab/BRRRR them and then rent them. If you go further out you can do better (like crestview).

I have multiple friends with vacation rentals doing well self managing (it isn’t that much work if you use systems). Even with management the returns are worthwhile. I’d be happy to send over some example properties and assist you with your search (for either type of property).

Let me know how I can be of service!

Beat of luck to you.