Investor · Member since 2022 · 55 posts · 14 votes
Hey wondering if any of you can share some experiences of owning a condo that you STR in USVI.
The feedback I've received from my broker is the following:
Hey wondering if any of you can share some experiences of owning a condo that you STR in USVI.
The feedback I've received from my broker is the following:
It seems like your broker is answering a different question. you are asking about owning a condo for str. they're answer is about construction cost and Condo Construction and development
Hey wondering if any of you can share some experiences of owning a condo that you STR in USVI.
The feedback I've received from my broker is the following:
It seems like your broker is answering a different question. you are asking about owning a condo for str. they're answer is about construction cost and Condo Construction and development
Investor · New York Metro · Member since 2024 · 8 posts · 4 votes
2y
I'm about to close next week on a condo. We've had a different experience through the selling and buying agent than here in NJ but so far it's all on time. Lender has been working out as well. We went twice to the location to make sure it was the right one. We did all the air dna analysis. Only issue is we are still trying to track down cleaners and such to build a local team. Been tough to get call backs or anyone offering recommendations. I'll let you know how it goes. If you want to message me on specifics go for it.
maybe message other lists and ask if they have any cleaners they would recommend.
Also see if there are any local FB groups where people share this info.
I hope you manually checked the numbers and aren't depending solely on Airdna data which can be inaccurate.
Thanks John! I did hunt down 4 different owners of which all were coy to provide any specific cleaners or handymen which I found interesting.
Yes I did a lot of various scenarios to understand the risk and I do agree AirDNA is not 100% so I also added more conservative data.
Hi Elaine! Did you end up buying the property? How is it going?
Yes we closed in April. Really happy we got the property. Still looking to see how the high season goes. So far in low season is doing well enough to cover. Found great cleaners who are doing well and design consultants to help uplevel some furnishings.