All Forum Posts by: Candace Pfab

Are you using any pre-screening tools to weed these types of applicants out?  We just recently helped a client rent their new construction home in Foley and another one in Gulf Shores and found them excellent tenants by laying out the credit/background expectations clearly up front & then if the applicant wants to move forward, they pay the $39 to Turbo Tenant for application fee.  We only show the property to them if they meet the pre-screening qualifications.  In Foley, the first people we showed the property to applied & rented and have been great tenants.  On the second house we showed to two parties & the second one applied & was accepted.  Both are excellent tenants.  I did the pre-screening through Survey Monkey, but I think Turbo Tenant has some new tools to incorporate that into their process better. Our clients think I am a magician, but I think it's just putting the right tools into place.  Due to Fair Housing, we have to be careful not to be subjective in the process.  I find that most people that know they won't qualify, disappear when they see the screening questionnaire.  Hope that helps!  If you need anything, don't hesitate to reach out!  

@Ty Perkins

Hi Ty. Congrats on your purchase! Just sent you a colleague request so that I can provide you my top picks!

@David Fuhr

Sure thing! I will send you a connection request!

Originally posted by @Jon Latorre:

Eric, The Gulf Coast has some great options as far as cash flowing STR's. For the price, units do very well with regards to gross rental income. I've included a screenshot of some analysis I've done on a for sale unit in Gulf Shores that would do very well.

Can you advise where that rental projection came from?  I don't know of any units or houses that size doing that kind of revenue in this area!  I do know of some property management companies that present inflated numbers, so I would caution anyone relying on this info.  We have been investing in this area for 10+ years & I would do that deal all day long if I felt comfortable with that projection :)  Just trying to weigh in on a healthy conversation here!

@Eric Gay

From the deals I have reviewed, I think there is great potential for a better return in Gulf Shores & Orange Beach. Lower pricing points & property taxes. I can send you some deals I have reviewed for this area if you want to send me a colleague request!

@Roger Taaffe

That’s a great down payment! I am in this area & happy to help you sort through some options. Big need for long term rentals near the beach. Will send you colleague request so that we can collaborate!

Hi Hal. I am licensed in FL and AL and specialize in STR in the Perdido and Orange Beach areas. Would love to learn more about your goals and which properties you are considering. Have you considered AL at all? Property taxes are lower and the area the growth is really strong. I will send you a colleague request to see how I may be of assistance!

Hi Hal. I am licensed in FL & AL and specialize in STR in the Perdido and Orange Beach areas. Would love to learn more about your goals & which properties you are considering. Have you considered AL at all? Property taxes are lower & the area the growth is really strong. I will send you a colleague request to see how I may be of assistance!

@Joseph Gambino

The STR restrictions for Orange Beach & Gulf Shores are just in the residential zones. The beachfront areas and certain PUDS are exempt plus some existing rental properties in restricted zones have been grandfathered if the new owner makes sure to apply for the business license. :)

@John Blackrock

Plenty of opportunities in Orange Beach & Gulf Shores in that price range for STR! I will send you a colleague request so that I can send you some options!