All Forum Posts by: Ramada Evans

Hi have a home I am putting an offer on for $219,000 listing price. If I put in offer at $205,000 or have to even pay list price is it a good deal?

I would have to do a small rehab of floors and paint and maybe new appliances.

I want to do short term rental or this if possible. I’m not sure this number is good. Or what I would charge for rent. Any thoughts?

Anyone in the Denver, CO market? I have a lead I’m not able to move on. Please reach out to me. Thanks,

@Kenneth Garrett thank you for your thoughts on this. This information is quite valuable to me.

@Michael Baum great thought. It’s funny because some thing str have better value than ltr. I’m so grateful to get your perspective.

@Paul Sandhu thank you so very much.

Basically I need to charge enough to pay off the amount I put in?

Hello all!

I'm curious if anyone can give directions on running numbers to get ROI on a str? I want to get a property and use it as a vacation rental/air bnb.

As an example- if I purchased a property for $289,000, how do I do the numbers on it to see profits ? Putting 20% to 25% down.

Also how soon realistically should I see a return?

Also- what would be the formula if I kept as a long term rental? And all the above questions on a ltr.

Much appreciate any help. Thank you!

@Jon Huber thank you very much for your insight

Any experience with doing rentals or Airbnb when there is a home owner association? Are these investments typically welcomed?

Anyone have vacation rentals in the state of Florida? If so, do you have a license to operate or is there a loophole around this?

@Aj Parikh I’d love to connect