All Forum Posts by: Todd Bailey

 Ami, did you get any leads?

 David, what specifically is not good about Miami?

 That’s great news!  Thanks for the info. 

Todd

Hi, my wife (we live in Upstate NY) and I are planning to purchase a STR this year with the plan to rent it for most of the year, and vacation 1-2 weeks there ourselves. Focused on St Augustine Beach area (outside the "transient rental regs" zone...), but close enough to the St Aug downtown that ppl can get there easily.

Mainly looking for condos, but not seeing anything that pencils well.  Basically seeing break-even at 75%-80% occupancy.  Hard to know what to expect given the quality of data I can get from AirDNA and similar resources.  Any insight would be greatly appreciated.

Not absolutely married to St Aug, but would like a place that would draw renters and also satisfy our "foodie" tastes...

Thanks in advance, Todd

 Chris, do you know if "medium density" covers condo complexes?  Hard to navigate these regs...

Thanks, Todd

Considering STR, would like to speak to a STR-friendly CPA in NY, preferably in the greater Albany area. Anyone know anyone?

Thanks, Todd

I did some more digging - someone in a different BP forum recommended Green Glue and QuietRock installed over the existing drywall.  Probably can also use high quality/density carpet pad + carpet for the bedroom floor.  I'll leave the living room hardwood the way it is.

 Downstairs is one unit, upstairs is split.

We have a 3 unit property, and one tenant moved out recently. She mentioned that normal noise from other tenants (baby, talking, etc) kept her awake at night. Got me thinking that there is probably no insulation or other sound barrier between the units.  We talked about having insulation blown into the shared walls. Not sure what to do about the floor. 

What do others do?

thanks in advance.