All Forum Posts by: Jason Matthews

Hey Guys,

Thanks for everyone's input. I'm leaning toward what @Leslie Anne Morris suggested and utilize the property how it currently sits now. There is no adjoining door between the two units, however if a larger group wanted to rent both units they are right next door to each other and would have their own space. 

I did do research on Airdna and discovered that there weren't many properties similar to mine as far as location and proximity to town, the university and attractions. 

Thanks again for everyone's help and input.

JM-

Hi all,

First time posting but been here a while…. I'm currently at a point where I'm trying to decide whether to convert my duplex (2) 2 bed 1 bath into a 4 bedroom 2 bath single family for STR. Either way I plan on doing STR with the property. I'm a GC so I have my company office and shop below with the units above. The property is in Boone, NC which has become a (4) season destination town and has a 4 year University here. Based on Airdna info, it's telling me that a single family 4 bed, 2 bath would pull in more revenue versus the 2 units? My thought was to leave them as two separate units but if somebody wanted to rent the whole thing, they could do that as well, as the units are side-by-side.
I just wasn’t sure if I was missing something and wanted to see if anyone else could possibly provide pros and cons that I’m not aware of. One note, I will be managing this STR myself as it’s right across the street from my personal home.
Any advice or suggestions/ feedback would be welcomed and appreciated.

Respectfully-

Jason

 Kathleen-

I live in this area and I'm a GC. What they are saying is true in regards to building. Especially here in this area. I can tell you firsthand that you'll be waiting on a well to be drilled at least 3-6 months unless you buy a lot inside the town limits (that has water) but will have strict STR regulations. I myself have been waiting on a well to be drilled for a home that we've had complete for months! I've been in touch with well drillers from Tennessee, Virginia to Charlotte, and everybody is backed up at least 3 to 6 months. Hope this helps!

Jason-

 Kathleen-

I live in this area and I'm a GC. What they are saying is true in regards to building. Especially here in this area. I can tell you firsthand that you'll be waiting on a well to be drilled at least 3-6 months unless you buy a lot inside the town limits (that has water) but will have strict STR regulations. I myself have been waiting on a well to be drilled for a home that we've had complete for months! I've been in touch with well drillers from Tennessee, Virginia to Charlotte, and everybody is backed up at least 3 to 6 months. Hope this helps!

Jason-

Hi all, 

First time posting but been here a while…. I'm currently at a point where I'm trying to decide whether to convert my duplex (2) 2 bed 1 bath into a 4 bedroom 2 bath single family for STR. Either way I plan on doing STR with the property. I'm a GC so I have my company office and shop below with the units above. The property is in Boone, NC which has become a (4) season destination town and has a 4 year University here. Based on Airdna info, it's telling me that a single family 4 bed, 2 bath would pull in more revenue versus the 2 units? My thought was to leave them as two separate units but if somebody wanted to rent the whole thing, they could do that as well, as the units are side-by-side.
I just wasn’t sure if I was missing something and wanted to see if anyone else could possibly provide pros and cons that I’m not aware of. One note, I will be managing this STR myself as it’s right across the street from my personal home. 
Any advice or suggestions/ feedback would be welcomed and appreciated. 

Respectfully-

Jason