All Forum Posts by: Julia Ann

I own a 1912 duplex. You just need it to be inspected properly. As others said main concerns are knob and tube, windows and plumbing. In my case all of those have had to be updated. I have had multiple experts tell me my foundation is in tiptop shape. 

One annoying thing is horsehair plaster walls - still have those. Embrace the picture rail at the ceiling.

My original roof, made of VT slate (this is a common New England material for roofs) could last 150-200 years total with regular maintenance. I just did a big repair to it in January of this year because of past neglect but am expecting it to last for a long time and perform better than a shingle roof. 

In some cases the materials and work quality is higher in something this old than in something you build today. All depends, though so you have to be very careful. Something could have been made cheaply back then just like it could be made cheaply or well today.

Congrats on your first deal! What are the HOA fees?

Some of the pricing seems very optimistic on Airdna for the areas I'm looking at, compared with what I'm actually seeing on Airbnb. Do all of you experienced STR'ers find their data reliable? I'm mostly concerned with accurate occupancy rates.

Congratulations!

I posted last night asking about whether I needed a buyer's agent for an upcoming deal and my post is now gone. Any ideas why?

Thanks @Luke Carl I will take you up on that! Am about to get into STR'ing and could also talk about it for a long time I feel!

Am shopping for my first deal - a STR in New Hampshire. I have purchased homes before but only between family without agents so I'm finding myself a little ignorant on some of the basics. I've found a home I'm interested in and contacted the seller's agent off Zillow. Am going to see it in the next 10 days. As things progress, do I need a buyer's agent? Considering this property is out of state for me (I live in MA and have already caught a few things that are different in NH) and it's my first one would a buyer's agent help me with negotiations, etc.? And if so, how do I go about finding one?

Welcome Ryan!

I think this company is doing this already: https://getaway.house/ 

Another aspect, and maybe long term STR-ers can weigh in on this is wear and tear. I think you would have some less long term wear and tear and constant cleaning on an STR which should maintain their property well.