
6 March 2022 | 6 replies
I also route buyers away from neighborhoods where I know there is subtle resistance, such as a few pockets in Scottsdale where homeowners have planted "Homes Not Hotels" signs in their yards.Having said that, there is a lot of hoopla around regulations, but when it comes time to make changes, cities have only imposed minor inconveniences, such as registering your rental to ensure you are paying transaction privilege tax and posting the name and number of a local contact who can be on the scene to respond to any noise calls made to police.Whenever there are any campaigns to limit rentals, STR owners show up at the state house to defend their property ownership rights, so regulation attempts have been limited to the kinds of overlays I've mentioned above.No one wants major party houses in their neighborhoods, so choosing your tenant type wisely and setting your STR up in a way that doesn't accommodate huge crowds is a hedge against attracting unwanted attention.As far as price points, while there are a few condo complexes that allow STRS, the majority of STR buyers are purchasing SFR with pools to maximize their revenue.

7 March 2022 | 3 replies
. $26k per year (even if that is a true net revenue number) is about half of what you should be making on a $440k short term rental.

21 March 2022 | 6 replies
Short term rental, the estimated max yearly revenue on the airbnb calculator is $56,289.

12 March 2022 | 4 replies
Short term rental, the estimated max yearly revenue on the airbnb calculator is $56,289.

12 July 2022 | 26 replies
Waiting until they move out causes a lot of lost revenue.

7 March 2022 | 4 replies
I could contribute the full $105k toward my original loan and increase my monthly revenues, or I could pocket and reinvest the $76k ($105 minus the required 10%).

8 March 2022 | 3 replies
I haven't sold it, so no revenue is coming, just a bunch of money going from personal to LLC, then out of LLC to the house.

10 March 2022 | 2 replies
Lots of experience, 90k a month revenue on our other properties, many of which are free and clear.

20 March 2022 | 17 replies
A cash out is 1% higher in interest rate than the current mortgage so a HELOC might be best and focus on paying it down as quickly as possible with revenue from the rentals.

9 March 2022 | 5 replies
My understanding is that when purchasing a STR property using a 10% second home loan, you can't use potential STR revenue to qualify for the loan.