All Forum Posts by: Sarah B.

 I would love that info also, if you don’t mind.  

So I went to the city website to see the STR violations, and there are several. There are also some that are years old. I took a screenshot as an example. Although it's public info, I blacked out the owner names….but it appears they first got cited in 2019 and are being fined $100 a day to max out at 15k. So…. they just keep running it making $$$$ daily/weekly/monthly only to max out at a 15k fine? Then what??? Is that it?? Does something happen after that?? It seems they haven't paid and have continued to operate as a STR.

I also added a more recent violation where the fine is 15k. So before they charged $100 a day until it reached a 15k max. It appears the more recent changes were just to immediately impose the 15k fine and lien the property. Ok, then what? You continue to run the STR with a 15k lien on the property??

What steps do they take after that? It's clear that there are some who have been fined for years, who appeared to have reached their 15k max and continue to STR. Am I missing something? Thoughts?

Thank you Jesse, I sent you a request.  

I am in contract on a home in Daytona that is 1 minute from the hotel/main beach area. Prime location in Seabreeze Historic Estates. I cannot find a site where I can enter the parcel number to see if STR is permitted. My tax records aren't showing a zoning and neither is my MLS Advantage. I have contacted the city of Daytona Beach with the parcel number and still have not heard back. Anyone here have experience in this area to point me in the direction to find out if STR is allowed where I am attempting to purchase? There are other STR's literally 1 street over from me showing on Airbnb so it appears that I can, but they could have been grandfathered in at some point....who knows. I have the parcel #, just need to know where to go to find the info since I can't hear back from the city. Many thanks in advance!!!

Over 420k booked from Mar 30 2022- May 30 2023 with only 40% booked as of now. 

Estimated conservatively 400k net profits annually. 

Would love to chat about this. I’ve strictly done real estate investing but this business highly interests me.  It’s basically self run.  I would also run it but set it up eventually so it is 100% self ran. Wedding planners, caterers, bartenders, cleaners etc are already in place.  I could buy it on Monday and have 3 weddings that weekend.  It’s a beautiful venue on a beautiful piece of land. The price is 2.65M.  With the numbers it’s bringing in, there is a lot of room to work with.  

I would love to chat further.  I’ll DM you tomorrow. 

This is a bit of a unique situation but wow do I see the value.  I would like to get insight from a creative lending position.  

This is a 15 acre property with a 121 years old barn that has been restored. There is also a 4500 Sq Ft 5 bedroom 3 bath home. The property is currently used as a wedding venue with the house being rented for the wedding parties.  The business is included in the sale.  

I am extremely interested. The numbers are awesome. The booking are in abundance. Proven track record. 

Thoughts on financing options? It’s a bit out of the ‘real estate’ realm since the business is making the most money and wondering if anyone would do this deal and how they would structure it? I have numbers and books to share.  

Off market Florida Keys property nets 90k annually after taxes, insurance, turnovers etc. 

4 bedroom 3 bath on a canal with easy open ocean access, a boat lift, private pool, private tiki bar, outdoor kitchen, comes fully furnished - everything stays. Screened in balcony overlooking the canal. Screened in downstairs patio fully furnished.This house has it all. Photos don’t do it justice.  Over 100k in future 2022 bookings convey with the property and it’s only March! :) 

Message me if interested. $1.4M 

cash flow is great here.  The rental vacation market was already basically year round, with a few down months (July, Aug. Sep) but still those months aren’t dead.  And even then we have events that attract major crowds such as mini lobster season the last week of July. Shortly after is the biggest event of the year, Fantasy Fest  which draws tens of thousands, immediacy after that is power boat races, which bring many rich folk, then Christmas, the iconic New Year’s Eve celebration, winter (sooo many snowbirds), spring break is always insane, singers songwriters fest, mile 0 fest and the list goes on.  I just submitted an offer tonight on an vacation rental investment (fingers crossed!) because it’s a great market that is year round. There are some funky things here with transient licenses, rental management fees etc, but it’s only some places.  I have a great grasp on the different communities here and requirements, feel free to reach out if you want to chat.