All Forum Posts by: Christina Hennessy

Dot your i's and cross your t's in the Florida market. If you choose to buy a condo, take a VERY close look at the HOA! What is in reserve, when will they need a new roof, new windows etc. As soon as you buy a home in FL your assessed value will increase if you pay more than the previous owner hence your taxes will most likely increase. If you only own one STR you do not need to hire a manager. Do it yourself and/or hire a co-host on Airbnb. On the flip side...find a Realtor in the area with experience and references. They are supposed to protect YOUR best interest! I own 2 condos in FL

You can't really post a short term rental on Marketplace.  Not that I have seen anyway.  Usually only long term rentals. 

Had anyone had Success with running ads on Facebook for bookings on your STR? If yes, would you mind sharing your strategy and/or advice?

I just posted something similar to this. I am a Realtor in upstate NY and we had agents from Punta Cana visit our office. They made it sound like a decent investment to purchase there. I will be there in February 2024 to take a look around

I just posted something similar to this.  I am a Realtor in upstate NY and we had agents from Punta Cana visit our office.  They made it sound like a decent investment to purchase there.  I will be there in February 2024 to take a look around

I am considering buying an STR in Punta Cana. It's a bit scary to purchase in another country. Rules are not the same as in the US. I am looking for some insight. Thank you

Nice to meet a local thank you for the info :)  I am in East Greenbush 

I own 2 STR's in FL and I live in NY. I don't have a Prop Manager. I hired amazing house cleaners. They live in the area and know if well if I need anything more than house cleaning. I have a Ring doorbell to see who is coming and going. I have a coded lock on the door. I do NOT want to pay 20% to a manager for something I can handle myself. You can do it!

Does anyone use a Life Coach?  If yes, can you recommend where to find a reputable Coach?

Investment Info:

Condo note investment investment.

Purchase price: $622,000
Cash invested: $180,000

This is my 2nd STR in FL. This one is Anna Maria Island a place that I love. It's a condo with a pool and other amenities directly across the street from a gorgeous beach and in walking distance to many amenities

What made you interested in investing in this type of deal?

My STR in Key West is doing well so I wanted another home in FL

How did you find this deal and how did you negotiate it?

My Realtor helped me and we negotiated the price down by $28,000 in a selling market

How did you finance this deal?

Loan from Cross Country Mortgage