All Forum Posts by: Amanda Pivovaroff

I've been managing STRs for a few years now and I have to say, beach towns give you steady income all year round. We had a property in the mountains and it did great during snow season, but definitely had more "off season" months than our beach properties did. I am currently in escrow on a property on the Emerald Coast in FL, bought sight unseen. The numbers were just too good to pass up!

 No problem, appreciate the reply!

@Travis Biziorek as a fellow Californian, I'm interested in learning from you as well, specifically your off-market deals. I have a certain amount I am looking to invest to maximize my 1031 deferral benefits and curious if any Detroit STR properties are within our range...thanks!

I currently manage several out of state properties (STRs) and it can definitely be done with the right team. Like everyone mentioned above - reliable handymen, cleaners and great communication is key. Doesn't hurt to have back-ups also in case your main contacts fall through. So far we've had no issues!

Hi Jake - I am about to close on a STR in Panama City Beach, FL and the ROI is very profitable considering the price I paid for the property (under $500k). This area seems to be increasing with popularity within the STR market so thought I'd mention to you in case you were interested in other parts of FL. Feel free to shoot me a DM if you are interested in discussing further!