I made sure financing was done first before I started looking bc we all know banks play too much lol.

A 5-day booking scheduled to check in tomorrow just cancelled, so I'm out 5 days of revenue with almost zero hope of rebooking.While I'm all for people being responsible about their travel plans, I'm not all for hosts getting hosed - if AirBNB wants to play travel insurer, they should do it with their money, not mine.This is one of many reasons I'm glad my STRs have fat margins, because if this goes on for long there's going to be belt-tightening happening!

And of course, if some homes are reducing prices to try to sell before things get worse, some buyers may just wait on the sidelines and see how low prices can go.Also, I've been a bit skeptical of the "underpricing" model because it requires the buyer to play a bit of a guessing game.

High 100's - Low 200's from what I'm seeing for the most part for both flips and BRRRRs but there are others playing in the higher ends of the market than this.

Everyone plays a crucial role in your success.Hope that clarifiesStephanie 

Look at other similar properties on Vrbo and Airbnb see what their rates are.Drop this in excel and play with the occupancy numbers to get a good idea what your annual Gross income could be.Rates should vary for different times of the year so take that into account.

In many states these have been in process for months and in other cases there are factors in play that put other tenants at risk by allowing bad actors to remain in place.

(In Maine*) I know I have to send/take the contract to escrow but I don’t understand why or how a notary wouldCome into play since we are going to the title agency anyway

The real effects if any would take many months to play out.

If your cashflow doesn’t include those numbers you are just playing the appreciation game.