All Forum Posts by: Ricky B.

Roomscore.com has some good data on STR regulations by city

@Brendan Harrison Towels ruined by guests' make up is one my pet peeves. I have started putting wash cloths in bathroom and that has made some difference. Obviously wash cloths are much cheaper to replace.

Also, in the house rules I have specified that stained towels will be charged $15/towel although I have never enforced it. It has also helped.

Very curious as to what percentage of HOAs let condo owners do short term rentals? I was leaning towards getting SFRs to avoid the problems with HOAs.

Hi @Priscilla Davis Orlando is not in the top percentile but things change as you start looking deeper.

Hello @Chidi Nwadike Thanks for the great tips. Space coast has started rising up on my prospect list after inputs on this forum.

@Katrina Poole Welcome to BP and to this thread. I was also a complete noob when I started this thread not expecting such a tremendous response from the BP community out here!

Now I spend hours soaking in the wealth of knowledge here.

Thanks @Account Closed. 

Everything is dependent on me deciding to move to FL from CA. The plan then is to sell my house in LA and move to Florida to invest/rehab/rental. I just don't know yet where in FL I will end up first. I am keeping the three major areas of Tampa/St Pete, Space Coast and WPB/Ft. Laud area. I am too much of a control freak to not be close to my investments :) Although I will be hiring a contractor to do the work and will be depending on referrals from local BP family.

 Hello @Darrin Gross thanks for your input. Yes I am definitely intrigued by the space coast prospects from your post. I would like to get in touch with you when I make my due diligence trip to FL in the next few months.

Thanks @Account Closed for sharing your experience.

Due to potential issues with HOA and condo neighbors, I may focus first on finding an SFR or a duplex, so I can live on one side and rent out the other short term. Also, I would ideally like this property to be a mild fixer-upper so I can add some sweat equity to it.

Regarding rental, as I am searching for properties, I am trying to figure out if I should pay a little extra to be right on the beach or a few blocks inland is ok..

@Jay Hinrichs "you bought west coast post GFC you made a freaking killing in appreciation far more than you could in rental income anywhere in the country ( big caveat ) you need to sell now to realize that..."

Exactly right! I got lucky buying my very first home in 2010 at the bottom of GFC in West Hollywood. It has more than doubled in 7 years. I now lose sleep :) that I should cash out before another crash or the next big one (earthquake), we keep hearing about. I hope to get lucky twice (yeah right) and take my profits and move to Florida and try to repeat the process.