Purchase price: $80,000 Cash invested: $145,000 Turning a 3/2 into a 4/2 duplex for short term rentals.

I believe that connecting with experienced investors and fellow newcomers will be invaluable as I navigate this path.I am particularly interested in short term rentals, multi-family rentals, and possibly fix and flips. 

Does anyone have any experience with short term rentals in PCB?

Check out the Short-term and Vacation Rentals forum.

I’ve been in the industry for several years, and my work has given me a solid understanding of property systems, maintenance, and what makes a home a great investment.I’m now looking to expand my own real estate journey by learning how to acquire and manage short-term and long-term rental properties.

We also just purchased a house in Oliver, WI that we plan to run as a short-term rental.

just double checked my lender is now 80% LTV for short term rentals only 85% for long term rentals

Hey friends, I'm an agent in Daytona Beach and I locking in my first short term rental listing.

Here’s the situation:Purchase Price: $540,000Down Payment: 20%Mortgage Rate: 7.125% (30-year fixed)Monthly Expenses (Mortgage, HOA, Taxes, Insurance): $3,706Realistic Max Rent: $3,000As you can see, I’m currently short $706/month even with max rent.

This should have been discovered during due diligence prior to buying the property.