All Forum Posts by: Alan Martin

@Leon Lee

Hi there, this is my first forum post and I'm by no means an experienced STR investor but I do own 1 and hoping to buy a 2nd soon.

The BP podcast episode 364 with Avery Carl was incredibly detailed about STR and in the discussion she says a 20% CoC is ideal and she also likes to see a profit of 40% yearly expenses. I have used those numbers as a baseline for my deal analysis and have found my first STR property fits well into those metrics even though they are different markets.

I guess to your point, this analysis is a little more in depth than a quick rule of thumb. But once you have a template made for your own analysis it's easy to see if a deal fits or not.