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All Forum Posts by: Joe Marcum

Joe Marcum has started 1 posts and replied 2 times.

Starting Out

Post: Looking at Florida Beach Vacation Rental

Joe MarcumPosted
  • Posts 2
  • Votes 0

Thanks @David A Lisowski

Can you recommend any articles or blog posts with detailed breakdown of how I should invest into STR and calculators for running the numbers?

Can/Should I reach out to the property listing agent for Proforma info on previous rental history? 

Thanks!

0 Votes
Starting Out

Post: Looking at Florida Beach Vacation Rental

Joe MarcumPosted
  • Posts 2
  • Votes 0

Hi,

I am looking at purchasing a 3/3 house in the 30A area around Rosemary Beach in Florida. Property is about $800,000 and looks like daily rate in summer is about $500 a night.

Anyone have experience in this area? I’m estimating 16 weeks at $500 a night should almost cover the cost at 10% down 30 year mortgage.

Looking at this as long term ownership and also as a second home that I will rent out via a vacation rental management company.

Any and all help and thoughts appreciated.

0 Votes