All Forum Posts by: Julia Sauceda

Hello Fellow BP members!

My husband and I spent some time this weekend looking at potential airbnb properties in Hudson NY.  We've done a fair bit of research on costs and expected income and have made some local connections with RE agents, banks, and even fellow airbnb hosts who shared their experiences with us.

My biggest question is how to properly analize one of these spaces.  A lot of traditional analytical templates, p&l sheets I found online don't really factor in some of the unique nuances of short term rentals like this.  I just want to make sure before we pull the trigger, that we are 100% comfortable with the numbers, and I can't say that right now.  I found one site (learnairbnb.com) which does have a tool like I've been looking for, but it's geared towards a tenant looking to rent their space on airbnb....weird.  

Does anyone have experience analyzing a property like this(doesn't need to be in Hudson), and if so, are there any tools you have found that would be helpful?

Thank you!!!

Hello everyone

This is officially my first port in the forum, after several months of looking around, listening to the podcast, and working hard to start our real estate company.

I currently own (since 2012) a 2 family home in Greenwood Heights in Brooklyn NY, I guess I should call this the first investment, and a big big experience since the home was really neglected and needed a full reno, took a FHA 203k and after dealing with contractor issues, finally moved in a year latter, I know.

Long story short, we are ready to buy our first 100% investment property, this will most likely be in Hudson NY, the idea is a 2-3 units, so we can rent one of them on airbnb and use it too.

As you already heard, we are not afraid of renovations, but need a new contractor that we can trust, and also on the Hudson area.

I hope some of you have a good experience around the area that can share.

Thank you everyone