All Forum Posts by: Anthony Simeone

Quote from @Steven Diaz:

Anthony 

Appreciate the information! The parking for the ADU will run along the side of the primary w plenty of space for back to back cars. The primary will have parking in front of it for 3 side by side and back to back. Plus the street isn't a busy one. My thoughts are to have a fire pit area in between the units since each will also have their own terraces. See prelim site plan

It looks like a great idea! 

Also, I was thinking about it and I think if you were going to make shared amenities (like fire pit) you probably would be very successful doing that strategy I mentioned for larger listings.

For big dates I would have one listing that is both the primary and ADU that sleeps 12+, or whatever the number is, and then you can have the ADU and primary again as separate listings for the rest of time.

Perhaps when you get finished it is something I can help you set up! 

 Thank you, Mya!

Perhaps one of these days I can pick your brain on how you do things in Tampa, and what STRs look like down south. 

@Steven Diaz

For anything construction related, I am not very knowledgeable, but there is a real estate group called The Mills Group in town that works a lot with investors and they themselves do a lot of flips so maybe they would be a good starting point.

For STR I would do the two units separately. Since you are doing new construction I would suggest making them private enough where guest have minimal interaction with each other.

For example, I met an agent who is managing an Airbnb with a similar situation. They have a bigger single family home and a tiny home on the property, but there close proximity and shared driveway present functional problems that are undesirable for guests. 

There are more complicated strategies to maximize larger listings that involve having like multiple listings for same property and do individual room rentals when it is slower and then for larger length stays, larger groups, and more desirable dates you'd book the whole space, but I think its easier to just do two separate. 

@Ryan Moyer

Your Airbnbs look awesome. I have someone who is having trouble STRing a house in Kissimmee. If you're interested perhaps we can connect. 

 Hey Nick, 

It is funny you responded to this thread. I believe you know my good friend Keiton Stender at the Mills Group. He actually gave me your number to reach out to you, but I have yet to do so. 

I am always looking to learn from successful STR operators such as yourself. If you are available this upcoming week we should grab some coffee.

 I haven't personally dealt with any crazy insurance premiums such as the ones people have been advertising in like Tampa, FL. I have however feel victim to some pretty steep bills for property taxes.  

Hello Gainesville Investors!

I’ve noticed that there hasn’t been much recent discussion or activity specific to the Gainesville, FL market, so I wanted to start a conversation!

I recently launched a short-term rental (STR) business in Gainesville, and I'd love to hear from other investors in the area. Whether you're managing properties, operating STRs or long-term rentals (LTRs), or just have an opinion on the state of the market, I'm eager to hear your thoughts and any new developments you've noticed.

Here are a few things I’ve observed:

1. Increased Supply of Rentals
   I’ve lived in Gainesville for a while now, and I remember a time when it was tough to find a rental. I’m wondering if the influx of newer apartment complexes near campus has shifted the supply and demand balance. Perhaps it could be a result of the post-COVID market adjustments.
2. More STRs on the Market
   Initially, I didn't feel the competition because my Airbnb is a studio, but since I've started working with other Airbnb hosts, I've noticed there's definitely more competition than I thought. My data shows around 300 new STR listings on Airbnb since 2022. I also wonder if some hosts only list during football season and then transition to mid-term rentals (MTRs) the rest of the year.
3. New Tax Changes Coming in January 2025
   Starting January 2025, Airbnb will automatically collect and remit the 5% tourist tax for Gainesville. This will be helpful for hosts who have already set up their payments with Alachua County.

Despite the oversupply, I still feel there are plenty of opportunities in Gainesville, both for STRs and LTRs.

If you’re a current or aspiring real estate investor in Gainesville, feel free to share your thoughts, opinions, and stories. I’d love to get to know you all and hear how things are going on your end!

Thank you Shawn! I really appreciate that. Are you familiar with the STR market in Gainesville? Since my first post, I have been able to secure another listing to co-host which is a 3bed 2 bath and I am curious to see what your thoughts are. This is it:

https://www.airbnb.com/rooms/29031913?guests=1&adults=1&...

Also thank you for sharing the investors path. It is definitely something I will keep in the back of my head when I am further along my current path.  

Thank you sir! I will check them all out. In my experience a lot of STR people all reiterate the same information so I am excited to have some personalized recommendations

@Sarah Kensinger Do you have any groups or individuals that come to mind?