Newbie from Vero Beach, FL

Newbie from Vero Beach, FL

Investor · Greenville, SC · Member since 2017 · 22 posts · 12 votes

Hello BP community! Very excited to be a part of this! I currently have two properties in Vero Beach, Florida. One is my current primary and the second is a rental. I am currently in the process of closing on a new primary residence, a condo two blocks from the beach! From there my goal is to roll right into my next investment property. For 2018 I will purchase four new properties. In the future I'd like to learn more about vacation rentals and international real estate investing because I love to travel.

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Vero Beach, FL · Member since 2016 · 53 posts · 32 votes
9y

Kyndall,

   You need to check out using Air BnB for short term rental, if your flight students are short term rentals.  Plus Air BnB would be a great system to use for your future international properties.  

Best of luck,

Jack Griffin

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  • Vero Beach, FL · Member since 2016 · 53 posts · 32 votes
    9y

    Kyndall,

       You need to check out using Air BnB for short term rental, if your flight students are short term rentals.  Plus Air BnB would be a great system to use for your future international properties.  

    Best of luck,

    Jack Griffin

  • Equity Raiser and Turnkey Provider · Cleveland, OH · Member since 2016 · 4k+ posts · 1k+ votes
    9y
    Originally posted by @Kyndall Johnson:

    Hello BP community! Very excited to be a part of this! I currently have two properties in Vero Beach, Florida. One is my current primary and the second is a rental. I am currently in the process of closing on a new primary residence, a condo two blocks from the beach! From there my goal is to roll right into my next investment property. For 2018 I will purchase four new properties. In the future I'd like to learn more about vacation rentals and international real estate investing because I love to travel.

     Hello and welcome! Best of luck to you!

  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    9y

    @Kyndall Johnson

    Welcome to the BP family! Great that you joined the site! Here are some recommendations for you:

    Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meet
    Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts
    Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investing
    Check out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/

    If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box. He or she will be notified of being tagged so that the conversation will continue.

    Wishing you the best!

  • Investor · Greenville, SC · Member since 2017 · 22 posts · 12 votes
    9y

    @Kevin Griffin,

    Thanks! Definitely excited about Airbnb in the future. Short term rentals aren't allowed where I'm at locally, but that won't stop me from finding areas that do. 

  • Vero Beach, FL · Member since 2016 · 53 posts · 32 votes
    9y

    Kyndall - The short term rental restrictions are in the city limits; I believe you're good anywhere else, although I haven't actually checked with IRC or the other municipalities.  I've only read about problems in Vero, and the resulting restrictions passed by the City Council.  Only interested in rehabbing at this time, so I haven't taken the time to check.  Best of luck; if I can possibly help you with anything, let me know.

    Jack Griffin

  • Real Estate Consultant · Colorado Springs, CO · Member since 2017 · 354 posts · 386 votes
    9y

    @Kyndall Johnson, welcome! This community has awesome advice on pursuing different investment opportunities. They also have videos... a few of which I might be in... but which are relevant to getting start with short-term rentals. The first is 6 steps on how to get started on Airbnb: https://www.youtube.com/watch?v=rOq98r97zAk&t=5s and the second one is Pros and Cons of Airbnb: https://www.youtube.com/watch?v=JftWQbAAJkI.

    If you're looking for communities that allow for short-term renting, I'd make sure to call the zoning board and ask about their laws first. Sounds like you have some familiarity with that in Vero Beach, but when I call, I always ask if they have laws for Airbnb or VRBO, or alternately if they have restrictions around 30 day or less rentals and/or if it's addressed in their use code. Good luck! 

  • Investor · Greenville, SC · Member since 2017 · 22 posts · 12 votes
    9y

    @Erin Spradlin,

    Thanks for the information, I appreciate it and I'm excited to check it all out! I'll be in touch because Colorado is one of my favorite places!

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