All Forum Posts by: Mariah Myers

You already own it? You should have a gross income goal by now. I would say 70k on the low end for a 2/2. I also disagree with breaking even in slow season. I don’t get any bookings in slow season even with a heated private pool. That said you have a 2 bed condo so you can do a snow bird no problem. No one will snow bird with me because my house is too expensive. Lots to learn. Just keep digging.  

Congrats! I hope you were still getting some bookings over slow season and the holidays.  Are you self managing? We are about 50% booked for mid feb to end of Apr already at peak prices.  We will achieve 90% I am certain as we get closer.  You should be seeing similar numbers, if not I would check your prices.  People who are sold out already were too cheap and those with no bookings are too expensive.

Congrats on getting in the STR game! General rule of thumb for me and my clients is having the goal of breaking even or staying just barely in the red for Nov-Feb. March-October is where all of your money I going to be made out here! Let me know if you need any other help or resources.

$101,000 124 days booked. Most of it booked in the last 10 days. Which means my prices were probably too low. Let that be a lesson. Don’t go a week without looking this time of year lol. 

4 bedroom Destin. Will likely end up around 150-160k for the year. Keep in mind it’s empty for around 100 days in the winter. Which is nice because I get a break. 

Hey @Mariah Myers, you could take a look at north Idaho. Skiing is great and you get the summers with the lakes. Our home is lakefront pretty far from skiing, but you could look around Sandpoint, ID which is very close to skiing and right on Lake Pend Orielle. Which is a huge and deep lake. 

I have clients right now that are backing off of the beaches of Galveston and diversifying in Ruidoso NM. Mountain town with year round attractions and an STR niche they are able to capitalize on.