Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago on . Most recent reply

I need opinions please, fairly new investor
Hello BP community,
This is my first post on BP so my apologies if I over explain. I purchased a 5 bedroom home my sophomore year of college, house hacked it through school and also fixed it up. I just graduated and am ready to move out of it. I have roughly 100k in equity. Should I:
A: Sell it to get the equity out and reinvest in multi family, or STR.
B: Keep it as an STR and do a HELOC. I am unsure of this option as I used BPs Airbnb revenue estimator and it calculated I could make 75k gross revenue. Can anyone attest to the accuracy of airdna and the BP Air BNB tool?
Any suggestions are greatly appreciated!
Most Popular Reply

Keep it. You want to build wealth, not instant gratification. This is a long game and in 5 years you'll have 300k in equity