All Forum Posts by: Madheshwaran R.

It is borderline breaking Airbnb rules.  Airbnb does actually have a host meetup portion of the site but I have never used it.  There are plenty of Facebook groups with local hosts, I would try there.  Good luck!

By way of example, I picked up an oceanfront condo in March for $640K, minimal work needed to be done, only changes for my aesthetic/brand purposes and here they come turn key so only updated what I really needed to (which also gives you an opportunity to cost segregate). I plan on grossing $90K but hoping to increase that over a few years. I was able to pick up my first one for $499K and am doing over $90k which is my comp for this one. The HOA fees are high but when I considered a SFH, insurance would have been 3 times as much, I'd have to care for lawn, pool and all utilities myself. There is a benefit for having most of that built into the association. As I look at 3-4 BDs here, they gross slightly more but the purchase price is 2-3 times as much as a condo. For me, condo was a no brainer. And now that we are in the swing of yet another hurricane, I have less to worry about to prep. All I do is bring in the balcony furniture. Boom. Done.

One other thought, what is your long term strategy?  Why are you getting into this?  My other purpose other than some hopeful appreciation over time is that my primary residence is 1 mile away.  It's a 3 BD which is tight when my two kids or extended family come.  I just became a grandma (Nonna) and I love the idea of having one condo for each of my two children (they are next door to each other) to stay at with their children, in the future.  There is more that goes into these decisions than pure financials sometimes.

I would say it depends. Most people on here are SFH focused and in some areas I would agree. Where I am, those (SFH) don't pencil out, even with my high condo association fees. The one thing I agree with is that you are competing with a ton of properties if you go the condo route (referring to your comments re: the Panhandle). But It is still doable, you just need to stand out which is a lot more work and it takes some time to get there. Who is your ideal guest? I love hosting higher end couples. They love beachfront so the only option is a condo. I like to compare my condos to the JW Marriott on Marco Island. They could stay there for a one bed, $1000+ per night for an island view or stay in my 2 BD / 2 BA with spectacular views. Along with the condo fees come the amenities (gym, pickleball, boat docks, tennis, putting green, heated pool, etc.). If the amenities make the fees worth it, then it may not be a bad deal.

Looks like it could be a neat place @Madheshwaran R.

I am with @John Underwood on no condo's but this looks a lot like a Sunriver (Oregon).

Lot's of cabins of various sizes nestled in the woods. Looks like it will have good amenities.

Do you know (or @Valerie Budd) when completion for the main amenities will be completed? How about time to complete on the cabins themselves?

Is the developer offering financing? Maybe delayed mortgages based on completion time?

I'm a property manager and an investor in the Branson area since 2005 I know that development very well- it's definitely not a condo. It's a standalone cabin. The investors that are buying into this development are very quality high and once the builder is out and the homeowners over the HOA, it will be a really well run system. This development is going to be very unique to the Branson area as it is going to be spread out much more of a Big Cedar type feel. We are expecting even more visitors to our area due to the fully booked for the 2025 season of the new Thunderidge Amphitheater as well as more gold courses. I'd be happy to visit with you more detail.