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Updated over 3 years ago on . Most recent reply
Considerations for purchasing multi-room short term rental proper
Hello, I’m new to real estate investing. I’m thinking of purchasing a large historical home with several bedrooms to use as a short term rental. It is currently doing well as a short term rental property according to the seller. What would be important considerations and questions to ask? Any advice would be greatly appreciated!
Aana
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
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#1 Short-Term & Vacation Rental Discussions Contributor
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- Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
Is this a bed and breakfast or Inn of some type?
Or are they currently just renting out bedrooms?
Is anyone on site to help with checkin or maintain common areas? Or does it mostly run itself?