Buying my first AirBnb
Hello all,
I’ve been listening and silently scrolling through the forums for a few years now. But I figured I would make my first post.
I am wanting to buy a vacation rental in the Nashville area. I ran the numbers and the CoC return is about 25% assuming 50% occupancy rate and and average nightly of $275. The units are brand new so there are no rental data on them and they are about 10 minutes outside of Nashville, I still kind of nervous about it and will probably let analysis paralysis talk me out of doing it. Just looking for some advice/questions I could ask to gain a better idea of what I should do or if I should even get into STRs at all. Thanks again!