All Forum Posts by: Alan Harry

Anuj did you end up investing? Im curious how this went. I'd be curious about clearwater beach as well, but the condos certainly are not cheap.

So you think downtown west palm outside of the main cityplace might be the way to go?

Hey everyone wondering your opinions on buying in or around city place in downtown WPB. I do see the HOAs can be high, but the prices seem to be shifting lower than the past year. Has anyone had success in this area renting seasonally to snowbirds and then recouping more profit by using airbnb in the off-season? I assume it would also come down to how "friendly" the HOA and the building is to short-term rentals. Any info/advice would be appreciated. Specifically for a 1 or 2 bedroom purchase.

Has anyone here had success renting an apartment (that you own) full-time on airbnb in downtown Philly? I live in NYC and the cost to buy between the two is like heaven and hell. I'm curious if you do, how the HOA boards respond to it and the success you've had so far. Also which neighborhoods have you had the best luck in.
Thanks

-Alan

Well January-march is when NYC is  cold as can be, so somewhere in that period makes the most sense.. I think though lauderdale/miami gets more year round visitors then the other coast.

Ed:
I sent you a "private note", not sure if that means private message on here.

-Alan

Tony:
I looked at duplexes kind of briefly, but the price was higher overall then a single-family apartment and they looked like they were in "less then stellar" condition, and I would think those on short term vacations to lauderdale would value being close to the beach, yes I do agree the HOA could be killer, but I think I saw some properties not super far away at reasonable HOA rates, just if they short-term allow rentals is another story :)

Hello everyone, I live in NYC and was thinking about buying a condo in Fort Lauderdale that I would for much of the year use airbnb or other short-term sites to rent out. I may potentially stay there 4-6 weeks in the winter (February into early march perhaps). With that said a few questions that I hope some of you bigger pocket pros could shed some light on for me.

1) If I am taking up a month to a month-and-a-half of the busy season time myself, is there still enough interest in Fort lauderdale year round to make profit on the property? How slow does it get after April until October in terms of these short term rentals. I was thinking of getting something walk-able to the beach.

2) How difficult is it to find a condo to buy legally that allows short-term rentals like this, I saw on trulia/zillow a couple listed, but I imagine many HOA boards are against it, is there anywhere to look to find properties in Fort Lauderdale specifically to rent out under short term circumstances.

Any tips, suggestions, ideas would be greatly appreciated, I've really enjoyed reading these forums so far, a lot of intelligent and thought provoking posts!

-Alan