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9
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Joshua Larson
4
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9
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Huge Airbnb home struggling

Joshua Larson
Posted

Hi everyone,

I purchased a large 4 bedroom Home in Panama City. It was used as a short term rental and I wanted to continue that trend. For the last 6 months its been rented once. I hired the property management that it was under when I purchased it. I made a few updates but nothing is really happening. Is there anything else I need to do? At this point i'm not sure what to do. Sell or rent long term etc.  Thanks 

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130
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89
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Ryan M.
  • Developer
  • Panama City Beach, FL
89
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130
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Ryan M.
  • Developer
  • Panama City Beach, FL
Replied

Based on the location you aren't going to get any short-term renters. Was that sold to you as a short-term rental/vacation rental? Nobody is coming to the beach for vacation andrenting a house in a residential neighborhood miles from the beach all the way in Panama City. Sell it or rent long term.

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