I've managed C, B and A properties with rent ranging from $500 for a garage apartment up to luxury apartments.

Talking to my agent, who has three of his own short term rentals in the area, tells me, my calculations are ultra conservative and the numbers do add up for this area.

I’m thinking about luxury condos for short term rentals since I’d occasionally want to have a place I can use for myself.With mortgage rates so high and HOA fees for many of these buildings at around $1k a month, it seems like investing in a condo in Miami is more of a game of price speculation.

But I made it a point to fly out there and check it out.I was looking at what Luxury simplified was doing on my trip and thought I think I can jump into this as well.

Strawberry Mansion, Cobbs Creek, Darby etc..

Yes, my entire portfolio is only about 30% leveraged, and would be even less than that without a STR that I bought as much as for us to be able to use it in off months as for income, so it's really kind of a luxury.

Ft)Luxury ($150-200 x Sq.

This may mean cutting back on current luxuries, like subscriptions, coffees, and similar common leisure. remember, it is temporary... or it can be permanent, up to you.

I am hoping someone educated can chime in on my specific situation.I am a high income earner, owning a construction business that specializes in wineries and luxury residential.

We've had a sustainable 'luxury' househack we raised our family in for the last 17 years and counting.