Would you sell your biggest STR?

[Paul Sandhu]

My biggest place has 4 baths and sleeps 8.  February of 2020 it was bringing in $2000/week.  It has been unoccupied since April of last year because of the pandemic.  That's 14 months.  A person contacted me about buying it for a place for women to stay as they are recovering from drug and alcohol addiction.  They would get their funding through a government program.  I would sell the house and all the contents (furniture, appliances, electronics, kitchen gadgets, linens, vacuum cleaner, everything).

I'm asking 3x my actual purchase price for the house and contents.  The asking price is the appraised value by the county assessor.  If I sold it, I would just have 22 STRs with 75 beds.  Would you sell?

[Dan Johnson]

Selling it makes you a double winner. Triple your money and a happier wife