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24 January 2023 | 39 replies
I know they are going to push more the other destinations going forward.
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3 October 2023 | 2 replies
We would like to showcase a couple of homes to investors who are interested in learning about the Orlando market and what differentiates us from other destinations.
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14 July 2022 | 10 replies
We also purchased a SFR rental in Pickerington this spring and we're in the process of buying a short-term rental in Destin, FL.
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23 February 2022 | 67 replies
A duplex that would offset the cost in a gorgeous, desirable destination.
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11 May 2021 | 25 replies
It’s established as a STR community and destination and we have found the regulations to be similar to the Smokey’s.
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5 January 2022 | 15 replies
In your experience, are these year round destinations for DFW travelers or is it pretty seasonal?
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15 April 2022 | 3 replies
These STR cabin markets seem similar to me - smaller vacation destinations for nearby drivable major metros.
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11 April 2023 | 11 replies
You might find you end up in an HOA in a vacation destination so that can drastically change your expenses as well.
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2 October 2023 | 12 replies
Tiny home and modern decor are what millennials are looking for in mountain/hills/dessert/ destinations!
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13 November 2023 | 3 replies
Nice STR properties in the radius with a pool rent for around $20-25K per month, which would make this a nice cash flowing asset.My thoughts on how I would do this would be:- Scrape existing property and build a large 3,000 square foot property with a pool and make it a highly desirable Airbnb destination property- New build properties in the area with these specs sell for around $2 million, so I would use financing for the build and cash out to take on a larger loan using a DSCR product.- I owe around $380K on the property currently and it is valued around $600K with most of the value in the land. - I'm estimating that a new build would cost around $600K to build and I would use a hard money loan to finance the construction of the property and do a cash-out refi with a new loan balance of around $1.5 million and a DSCR of around 2.1 on a roughly $1.75-$2 million property.- This would allow me to have a great cash flowing asset in a good neighborhood that I can hold onto for the long-term.What am I missing?