Quote from @Joy Daniels: I manage short-term rentals in the Sarasota area, and I'm always looking for innovative ways to boost occupancy rates year-round.From your experience, what marketing strategies have had the biggest impact on keeping your properties booked?

That will give me a gross profit of 20% minus holding and commissions.

I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.

Deductible expenses include renovation costs, loan interest, and holding costs.

Half the team focuses on long term rental management and the other half focuses on short term.

Sometimes a 5-10 unit DSCR loan is solid terms, but I'm quoting 7.4% ish for 5+ unit, DSCR.

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I think there's a path to refinance that would flip me into positive cash flow, but I'm coming up short on ideas. 

Whether you're looking for short-term rentals, long-term rentals, or fix-and-flips, Florida has something to offer.Favorable Tax Environment: Florida boasts no state income tax, making it an attractive option for investors looking to maximize their returns.Year-Round Appeal: Unlike seasonal markets, Florida offers consistent rental demand year-round.

Short term rentals in St Pete are technically illegal but it doesn’t stop hundreds of other investors from doing it.