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All Forum Posts by: Cindy Caldwell

Cindy Caldwell has started 3 posts and replied 8 times.

Post: How to beat the low-season STR

Cindy Caldwell
Pro Member
Posted
  • Posts 8
  • Votes 7
Quote from @Jeff Ebert:
Quote from @Cindy Caldwell:

We have owned a 2 bed/2 bath condo in North Myrtle Beach since 2021. We have rented our place in the fall and winter to traveling healthcare pro's for 3-6 months and snowbirds. We get those clients from Furnished Finder. 


 Thanks Cindy!  Great to hear from a fellow MB-er!  Does Furnish Finder charge a percentage or flat fee?  How far in advance are you reaching out to them before the season starts?  Lastly What is the going rate for 2 BR/2 Bath condo per month?


 Furnished Finder is a listing site, not a booking site. For our 1 property, it is $99/year. The renter contacts the owner through the site with questions and/or a housing request. You then can screen the renter, make and state-specific lease through Keycheck (another small fee), and collect payment through Stripe. 

We currently charge $1960/ month for rent, $130/month for cleaning and $300-500 security deposit. 

Post: How to beat the low-season STR

Cindy Caldwell
Pro Member
Posted
  • Posts 8
  • Votes 7

We have owned a 2 bed/2 bath condo in North Myrtle Beach since 2021. We have rented our place in the fall and winter to traveling healthcare pro's for 3-6 months and snowbirds. We get those clients from Furnished Finder. 

Post: Looking for a CPA firm near Bucks County PA

Cindy Caldwell
Pro Member
Posted
  • Posts 8
  • Votes 7

Hello all. We are new to short term rentals and looking for a CPA firm with real estate experience for our personal and business taxes. We are in Bucks county PA north of Philadelphia.

Post: New members and new Pro members!

Cindy Caldwell
Pro Member
Posted
  • Posts 8
  • Votes 7

Jay, thanks for getting back to my questions. I was hoping for the ability to get it for 10% down to afford a property sooner but maybe have to wait a little longer. We do want at least to get a 2 bed/2 bath but planned to short term rent it most of the time. 
Thanks!

Post: New members and new Pro members!

Cindy Caldwell
Pro Member
Posted
  • Posts 8
  • Votes 7

Hello all. I posted last week but new to the pro membership and have not yet purchased our first investment. My husband and I are considering a short term rental in North Myrtle Beach and thinking of managing it ourselves. Heard of 10% down vacation loans but this may not be available if doing an investment. Does anyone own their own short term rental in a vacation location and manage themselves?

Post: Interested to find our first short term vacation rental!

Cindy Caldwell
Pro Member
Posted
  • Posts 8
  • Votes 7

Thanks Krista. It can be overwhelming to decide where to start investing because there are so many vacation investments choices. Trying to learn how to make a sound investment to make a decent profit, be able to enjoy the property ourselves in the low seasons and possibly invest in multiple properties in the future.

This is a great forum to connect with others in this space.

Post: Interested to find our first short term vacation rental!

Cindy Caldwell
Pro Member
Posted
  • Posts 8
  • Votes 7

We live in PA so a condo might fair better for our first one to manage ourselves. I like the idea of a condo with all amenities available and beachfront but due to Covid thinking a smaller condo complex may be better for social distancing. 
We would like to manage the property ourselves if we can find good automated tools to use from a distance being in PA.

In the future, we are also interested in having accessible rentals since we own a company that provides accessible renovations for disabilities. It seems that having accessible vacation rentals could be a strong niche for us to consider.

Post: Interested to find our first short term vacation rental!

Cindy Caldwell
Pro Member
Posted
  • Posts 8
  • Votes 7

Hello all. My husband and I are looking into our first short term vacation investment. Thinking Myrtle Beach would be a great start! Also considering Florida. Researching how to best manage the property ourselves through automated systems . Any suggestions would be well appreciated! Does anyone know good realtors in Myrtle Beach, Clearwater Fl, Tampa Bay area?