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Updated over 6 years ago on . Most recent reply

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Ash Patel
  • Full time investor
  • Cincinnati, OH
306
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400
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Purpose Built STR home

Ash Patel
  • Full time investor
  • Cincinnati, OH
Posted

Hello Everyone! We have a waterfront lot on a small private lake 45 min from Cincinnati. Our plan is to build a pole barn house that will be used 100% for STR. Our thought is to have six small (10' x 12') bedrooms 2.5 - 3.5 baths and an outdoor seating area. The community has an indoor/outdoor pool and rec center. Any thoughts on including a theater room? Would love advice on resilient cabinets/counter tops? We are thinking of shower inserts instead of tile due to cost and ease of cleaning. There is no basement, would you include a game room? Thank you!

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Paul Sandhu#4 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
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Paul Sandhu#4 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • The worst town to live in, KS
Replied

I have a 3 story house.  It has 4 baths, a jacuzzi, and 8 beds.  It gets rented out the least of all 23 of my STRs.  It makes the most money per week out of all my STRs when it's rented.  

Would you rent your place out to just 2 people?  How about 3?  My minimum is 4 for the house I mentioned above.

You're going to have a problem finding enough people that get along with each other that are willing to stay under the same roof. 

I've got more 2BR STRs than I can count on both hands.  They are as hard to rent out as it is to pour water out of a boot with the instructions printed on bottom of the heel.

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