All Forum Posts by: Craig Fitzsimmons

John D. - thanks for the info! I’m learning quickly that I might be looking at things the wrong way with the vacation rentals. Appreciate your insight.

John Underwood - are you also seeing very low vacancy rates at your properties? I was quite encouraged to hear some are seeing it rented 300 days a year!

Andrew Johnson - well said! Thanks for the feedback.

Jon Crosby - thanks for the info! Never heard of that site.

@Villy - Destin is one area we’re considering! I was not expecting to hear occupancy as high as 300 days/year, so that’s fantastic. Do you have any insight about Palms of Destin? A year ago or so I heard some poor things about their management. And I assume they take over and manage most of the rentals (for a huge fee) anyway. Thanks for the info. Craig

Our list of potential locations is just too big and we’re trying to focus in. Based on what we hear back, one filter I’d like to use is whether we can fly there direct from MSP. With regard to number of days rented, just trying to get an idea for each area so we can accurately project ROI.

Ok, I guess it ended up being 3 questions!

My wife and I are interested in a beachfront vacation rental and I have two initial questions that I’d appreciate some feedback on. 1). Where is your beachfront rental? 2). How many days was it rented in 2017? 3). Do you self-manage? Thanks in advance! Craig

I just did one on my primary through US Bank and they did 90% LTV at 5.5%. First 6 months it’s much less, I think around 2.5%.

Ron S. - congrats!! How many beds/baths? I assume you’re using a PM? Why did this one stick out to you more than the others? Cheers to many more!