Fort Lauderdale Airbnb investing

[Martina Jedlicka]

Hi Everyone,

What are your thoughts about Fort Lauderdale short term rentals, Airbnb vs traditional rent. Looking to invest with my husband in Fort Lauderdale. Looking at small condos around 150-250k and rent it. Is Fort Lauderdale good area for Airbnb short rentals? Would you recommend condo or  multi unit home for the best cash flow. 

Found this deal, would love to get anyones opinion. We live in Fort Lauderdale and would like to focus on our back yard with our first investment. Is Fort Lauderdale overall a good market.

Any advice, opinion is very much appreciated. 

Martina Jed

[Aly W.]

My husband and I have long term condo rentals in Ft. Lauderdale, and we live in NJ. None of our condo associations allow STRs - the minimum rental period is 6 months, and has been that way for the 10 years we've been investing there.

That is not to say that it doesn't go on. But we do not want to test the waters with it. And Ft. Lauderdale multi families are hard to come by in areas that vacationers would want. Hollywood has a lot of them, but the prices went crazy about 5 years ago.