All Forum Posts by: Anastasia S.

Hi everyone,

I’m currently on a road trip driving down the coast from Alabama to Florida, looking at the properties in Pensacola at the moment as real estate prices seem affordable here and the demand is high and stable even during the COVID times.

I understand Panama City Beach is not within my budget but excited to check out Clearwater/Tampa area and all the way down to Miami as I’m not attached to any particular location.

I would love to connect with local investors or hosts and get advice. My ideal property would be within 50-120k price range, single family home suitable for STR, not far from the city center/beaches. I'm open to rehabbing a distressed property. I've spoken to a few agents in Pensacola but would like to work with someone who has expertise and understanding of Airbnb and short term rentals. I have a STR in California and understand the concept very well (have been successful for the last 4 years) but not the local market.

I would appreciate any advice on what neighborhoods/areas to look closely at and what to avoid. Please feel free to message me directly.

Thank you all in advance,

Anastasia

Hello everyone! Love this Forum and my dream is to have properties all over the world one day:) 

Now I am looking to buy a place to turn it into short term rental. I've done it in my area and now want to go to a different state, where you can buy something for 100-150k. I've read privious topics and many people were referring to 20% ROI. I am wondering if I should look somewhere else, or use different approach, because the best option I've found so far is Kansas City, MI. Property in historical downtown can be bought for $110k and rented for $140 a night on average. Hosts seem to be very busy and many of them have multiple listings. However what I also have discovered that the city is trying to put limitations on short term rentals. And even in best case scenario it won't be 20% ROI.

Is anyone here familiar with KC market/regulations?

Also, where can I find more information on how to find a right property for me?

Any input and comments are very welcome!