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Updated over 3 years ago,
Determine monthly rate for str
Hi everyone! I recently purchased a house in Panama City Beach, FL, listed in May and have enjoyed a wonderful summer season. I've been at nearly 100% occupancy, averaging just over $450/nt.
I've received an inquiry from someone that wants to stay a couple of months sometime from Nov-Feb (they're flexible), and I'd like to at least entertain the idea of a longer term stay during the slower winter months.
Since I don't have a sloe season under my belt yet, I can only do some research and guess what my occupancy and revenue might be.
I don't think I'd be terribly disappointed if it didn't work out and am trying to figure out that sweet spot of earning more money than I otherwise might without scaring them off.
anyone else been in a similar situation? Am I crazy for even entertaining a longer-term stay?