If you’re open to looking across the state—from Jacksonville to Sarasota—you can definitely find some solid deals, but you’ve got to be strategic and focus on markets that fit your goals.

Hi everyone,

I’m looking for some guidance on improving the performance of our short-term rental, and I’d really appreciate your insights. Here’s a quick breakdown of our financials:
Operational expenses (excludin...

As you expand your portfolio, employing LLCs and DSCR loans can be a strategic move.

You’re right about the value of leveraging equity strategically. 

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

None of this was brought to my attention because the showings were strategically done when there was noone in front of the property.

Here are my responses to your questions1) Not my area of expertise, but the numbers on this are very strong2) I'd generally lean towards building the CFM, but strategically selling some properties when someone gives you a offer you can't refuse.3) Most HMLs would lend you 75%-85% of your purchases prices plus up to 100% of the rehab costs (though some HMLs like to see the rehab costs at or below the purchase price).

You can probably find good deals in Tampa right now, but I'd be very strategic about where you buy and yes, insurance and taxes can be killer, but there are plenty of investors there and for good reason. 

You've got some very nice strategic moves to look at over the next year.

Get a different & hopefully better asset, and re-strategize.