SFH Airbnb Available Half the Month
I'm a cargo pilot and travel at least half the month. I'm thinking about buying a house and STR with a manager while I'm flying. Planning ~$800,000 range, pool, No HOA, 4-5 bedrooms with the master off limits to guests. Chandler and Gilbert area preferred. Any thoughts? I need a good real estate accountant as well if anyone has a recommendation.
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#2 Short-Term & Vacation Rental Discussions Contributor
- Olympia, WA
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#2 Short-Term & Vacation Rental Discussions Contributor
- Olympia, WA
Hey @Ben Spaeth. That could work OK. Seeing as you are traveling a lot, it might be harder to manage it yourself as you might be in the air when you need to check in.
By using a PM, you will lose most if not more of your profitability, but that might be OK as it will cut down on your mortgage costs.
Get a CPA who is an actual investor and not someone who just took some classes. They can be anywhere so you are not limited to AZ.