Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

1
Posts
1
Votes
Edward Mosqueda
  • Tempe, AZ
1
Votes |
1
Posts

Short Term Vacation Rental or Sell?

Edward Mosqueda
  • Tempe, AZ
Posted

Been working on getting the townhouse ready for short term vacation rental. However I just looked at the Zillow price (which I know is not accurate) that is +207% from my purchase price. I'm debating on still making this a short term vacation rental (sleeps 8, on a golf course, 1st tee, Tempe, AZ, minutes away from downtown, scottsdale and airport) or selling and taking profits to reinvest while putting 20% down on something new. I'm still hesitant to pull the trigger on either.

Most Popular Reply

User Stats

1,829
Posts
1,242
Votes
Brian G.
  • Rental Property Investor
  • Los Angeles, CA
1,242
Votes |
1,829
Posts
Brian G.
  • Rental Property Investor
  • Los Angeles, CA
Replied

@Edward Mosqueda run the numbers and opportunity cost on both options then go with the one that gets you closer to your current goals. Good luck. Great decision to be in the middle of!

Loading replies...