Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 4 years ago on . Most recent reply

User Stats

55
Posts
19
Votes
Julie Groth
  • Residential Real Estate Investor and Broker
  • New Orleans, LA
19
Votes |
55
Posts

How to I set price to sell my STR?

Julie Groth
  • Residential Real Estate Investor and Broker
  • New Orleans, LA
Posted

I own a lucrative STR double (license requires homeowner to live in one side). Property has been generating $45k net income/yr. The weird thing is that appraisers will only value the house at market value and not take the business income into account

What your ideas about how to position/market this house for max value? I'm a broker so I'm the one to come up with the listing language and price.

Most Popular Reply

User Stats

2,281
Posts
2,952
Votes
Nick C.
  • Specialist
  • Tampa, FL
2,952
Votes |
2,281
Posts
Nick C.
  • Specialist
  • Tampa, FL
Replied

That's not weird at all, it's a piece of real estate and should be valued on market value. Very risky investment would be to assume it will keep getting 45k/year indefinitely and pay more than what it's worth. 

Loading replies...