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All Forum Posts by: Michael Otoole

Michael Otoole has started 8 posts and replied 24 times.

From the numbers it does look like HHI is profitable w a positive cash flow and >20 % cash on cash return. However - rosemary beach seems to be > 40 % cash on cash return. The price points are higher in rosemary beach then 

Thank you! What price range is best for HHI in terms of STR investment properties?

I see 1 bedrooms are going for a good price point. Can I get 2% of the sales price for monthly rent?

Wow. Can you get anything in the 250k price point?

I am new to real estate investing. I have been approved for a second property - an investment property. I know Hilton Head island very well as I grew up going there as a kid. In the summers. However, I love Rosemary Beach. When I run the numbers using the calculator on bigger pockets - all of the rosemary beach properties out perform the Hilton Head island properties.  I am trying to decide where to invest. Any thoughts on this.