Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

32
Posts
4
Votes
Robert Smith
  • New to Real Estate
  • Ooltewah, TN
4
Votes |
32
Posts

Want A Vacation Condo...Not Sure What To Look Out For

Robert Smith
  • New to Real Estate
  • Ooltewah, TN
Posted

I really enjoy visiting Destin, FL and staying in a beach front Condo occasionally, and I have always wanted to own one and rent it out while I'm not present so the unit pays for itself. I feel like this is easier said than done, considering I do not have a ton of money to pour into a condo unit and will have to save up.

I'm a complete rookie when it comes to beach front condos, and know there are some monthly maintenance/HOA/etc. expenses that go along with it, but that's about as far as my knowledge goes.

Does anyone here currently own or has owned any beach front condos, and used them as short-term rentals (through AirBNB, VRBO, etc.), and if so, what have you learned, and what tips would you give someone starting out with this type of rental?

      Most Popular Reply

      User Stats

      464
      Posts
      452
      Votes
      Matt "Roar" Gardner
      • Real Estate Agent
      • Tampa, FL
      452
      Votes |
      464
      Posts
      Matt "Roar" Gardner
      • Real Estate Agent
      • Tampa, FL
      Replied

      @Robert Smith - I own a condo on Okaloosa Island as well as a 5-bed SFR in Destin. I'm a realtor and investor, and one of the first books I recommend my client who ask that question is Get Paid For Your Pad ~ It's a great, checklist-style book that will answer a lot of your questions. Best of luck!

    • Matt "Roar" Gardner
    • Loading replies...