All Forum Posts by: John Carbone

Anybody having success doing this lately? 

I would be careful investing in areas that do not have established str laws. Also, you want to be in places that have always done well with short term rentals. Every market is on fire now over the past 2 years because of covid. Research and find areas that still performed well in 2019 and before. A few years from now you could start seeing fire sales of ghost town Airbnb bubbles when domestic travel slows down and/or when big cities make it more appealing for people to travel post Covid. 

I  thought you only write checks?

No answer yet, still trying to find something on this. 

I’m starting to work with Kevin smoot, I’ve heard really good things about him. 

McKinney Texas is surprising. How long has that been doing well? 

Do they require site inspections of the property or a lengthy process to get running?

Is a permit needed to have a short term rental in sevier county outside city limits? What is the process to get started from a local standpoint?

Did you do the work yourself?

If it’s not on a fixed foundation I believe it’s personal property and you can either do full in first year or over 5 years. Check with an accountant though, but that’s what I was told by one