Transition to long term - Airbnb
Hey all! Been awhile since I posted and glad to be back.
I have extensive experience on short term holds and am now looking to get into long term holds, specifically vacation rentals Airbnb/VRBO etc. I’m open to buying in ANY area. I have some areas that seem to be good potential, but its a bit overwhelming when I have no experience in any of those areas. Who currently does short term rentals of this type? How did you start, how did you choose your area? Did you start with your hometown? I live in Key West Florida which has outrageous property prices and even more outrageous insurance and it wouldn’t be smart choice to start. If you didn’t start in your hometown, what made you buy in the city you decided to purchase in?
Any advice you can give to an experienced flipper transitioning into the vacation rental world? 😁