All Forum Posts by: John Bryant

 Just sent you an email. 

We have a few coming to market. All new construction. We have a large STR portfolio and can provide the projections for these floor plans. If you want for the right price we can also have it decorated and furnished. price ranges right around 1m-850k. All with pools. DM me if you are interested.

I'm NOT a realtor. We invest heavily on the West end of PCB. Mostly build to rent STRs. There definitely is still money to be made. I feel like cash flow is very defendant on the management. We went through a few companies before landing on the one we have now and are very happy and the numbers reflect that. If you have any questions I'd be happy to help. Just DM

 We have several STRs here in PCB. For insurance I'd say shop shop shop around. We personally have had good luck with Daffin insurance locally. Of course the newer the building the better. 99% of ours are new construction which you get big discounts for since they are up to all the newest building codes. Plus we do a few things to bring it down even more. Like metal roofs and impact windows. 

We've also gone through three different STR management companies and are very happy with who we are with now.

Let me know if i can help you any. 

Tanner 918-638-3035

Jon 850-532-8382

Jake sanders 850-797-6137

Here’s a few in the Panama City area. 

Hey Jodey, we just finished three duplex's out on the west end of Panama City beach to keep for STRs. What are the chances lol. Ours are in Laguna beach off of Malaga. Congrats on your builds. We just rolled ours to perm and pulled out all the money we had in the deal. Had an issue with finding any comps for the bank. We ended up going through 3 banks and 4 appraisals but got it closed last week.! Here's a link to one of them for your viewing pleasure lol. https://airbnb.com/h/209ard

I'd reach out to FullSail realty, they managed some Quads of ours for years, We've been happy with them

 100% agree with what you said about the saturation and everyone doing the same design. You've got to step it up these days since it's a more competitive market now. Anything to make your property stand out and have great reviews. 

Hey Leland, We invest heavily here in the Panama city beach area. Everything you said is correct about PCB Laguna beach. We have multiple STRs there. However just over the past few years we have seen a massive gentrification of the area, and it only seems to be increasing. I feel like Laguna beach is not only a great 10 cap or above , but a good appreciation play.    Now just outside of Laguna beach is Riviera Beach, still considered PCB, it has a whole different vibe and more of an old beach town look. Might want to look at Sunnyside as well, but the farther west you go the higher the prices will go and the smaller the caps get IMO.    All that 30A (Graton Beach, Rosemary Beach, Seacrest, Seaside) multi million areas, which we are only 5min away from, are just gonna all slowly creep over to PCB. There's only so much water front and so much Beach like ours!

Hey Nick, I'm not a realtor, but would be happy to help. We are local here in PC and are in the STR game.