All Forum Posts by: Jacob Kelley

@Caymian Gordon yessir - just made an offer on a property today!

@Caymian Gordon Take a look at Encanto & Camelback east for houses with casitas. The market trends for the area look promising, and the Airbnb occupancy is great. South Scottsdale is great too, but there's not as many properties with casitas & most have a premium for the location.

Has anyone ever sectioned off part of a SFH for use as both a traditional rental & an Airbnb?

I found a house with an odd layout - it's a 5/3, but one bed/bath can only be accessed through another bedroom, or from outside through separate entrance.

I'm looking at separating the house to create a 4/2 traditional rental and an attached 1/1 Airbnb. On paper, it cashflows, but I'm worried that the attached Airbnb would make the property less attractive to potential tenants.

If anyone has any input on this situation, I would greatly appreciate the input!

@Colleen Langdon

Thanks for reaching out! I haven't seen that before, but I'm definitely interpreting it the same way you are. There are a ton of private rooms & guest houses listed in Scottsdale though, so I'm not sure if it's just not well regulated, or if it's permitted. I'll have to look into it.

However, I'm primarily looking at Encanto and Camelback East right now, and my understanding that there's no Airbnb restrictions (aside from HOAs) in those locations

@Tyann Marcink

Thanks for your input! If you don't mind me asking, how much does Airbnb property management typically cost? Is it a flat fee or a percentage of GSI?

@Jean Haisch

I feel silly for not having thought of that! Having the long-term tenant in the casita and Airbnbing the property would be great. My only concern would be finding and interested tenant - I imagine cleaning a 3/2 house for every guest would be very time consuming, so the tenant would need a pretty flexible schedule.

If you don't mind me asking, how much does a management service like Evolve cost?

@Charles Long

Thanks for your input! I agree, it seems like managing the airbnb could become a full time job. Do you think there's much of a market for a long term rental in a guest house? The only tenants I can think of that would be interested are students.

@Aaron Bihl

If you don't mind me picking your brain a bit, did you separate the yard, or do they share the same space?

@John Underwood

Thanks for the advice! I'll be sure to check for any restrictions before I pull the trigger on anything

@Eric P.

Thanks for your input! I hadn't thought to contact Airbnb hosts in the area.