All Forum Posts by: Sara Levy-Lambert

According to the top result on Google it's Orlando and Jacksonville
https://awning.com/post/florid...

The most accurate results are using the awning airbnb estimator and then really diving into nearby comps and their stats + airbnb listings. It will give you an understanding of seasonality, pricing strategy, level of interior finish and what they are doing for marketing. 

1. Investing in a mix of summer and winter destinations is a smart move for any new real estate investor. With this strategy, you can ensure consistent cash flow throughout the year.
2. The Gulf Coast and ski resorts are great choices for vacation rental properties. These locations offer high demand for short-term rentals, especially during peak tourist seasons. You can check occupancy trends on a number of free tools, just google awning airbnb estimator
3. When it comes to selecting the right mix of locations, consider factors such as local economies, real estate prices, and rental demand. This will help you determine which areas will give you the best return on your investment.
4. Don't be afraid to get creative with your vacation rental portfolio. Consider adding a mountain cabin or a city apartment to your portfolio to diversify your offerings and reach a wider range of travelers.
5. The best part of owning vacation rental properties is being able to enjoy them with your family during the off-season. Make sure to choose locations that you and your loved ones will enjoy visiting, and you'll have a great time while growing your real estate portfolio.

If you're looking at a specific address it may be worth connecting with a local property manager to see what they say, most will offer a free analysis (we do for STR and LTR) and can provide some insight.

Those expenses only include cleaning. If you are analyzing a specific property, I can ask our team of analysts to look into the specific figures for you and figure out the actual prices. Just DM me

The short-term rental market in Ocean City, MD, is a lucrative opportunity for investors. With a Gross Rental Income (GRI) of around 60k, it's no surprise that similar condos in the area have the potential for a healthy return on investment. The key factor to consider is the special assessment, as it will impact the value of the property and the return on investment.

However, the fact that the assessment will be paid by the seller, and the condo is being offered at a price below market value, suggests that this could be a good investment opportunity. It's important to remember that short-term rentals are subject to fluctuations in demand, so it's essential to have a solid understanding of the local market conditions and the property's performance history.

Google awning airbnb estimator and take a look at the seasonality and performance of nearby Airbnb's to really get an understanding of how it might do

Cash-out refinance is a great option for investors looking to tap into the equity built in their rental properties. But remember, lenders will look at several factors, such as your credit score, income, and debt-to-income ratio, to determine your eligibility. A strong financial profile and a solid rental income history can go a long way in securing approval for a cash-out refi.

Once you have taken the cash-out refi, you may be able to use those funds as a down payment for a DSCR mortgage on your new properties. DSCR, or debt service coverage ratio, is a measure of a property's ability to generate enough income to cover its debt obligations. A lender will evaluate this ratio to assess the financial viability of the new properties you plan to purchase.

In short, cash-out refi followed by a DSCR mortgage can be a smart financing strategy for growing your real estate portfolio. But it's always important to work with an experienced lending partner who can guide you through the process and help you find the best and simplest options for your unique situation.

We have not slowed down with investors on purchasing in Austin, Texas. The wild days of 50+ offers per property are over, but there are plenty of people selling, more people moving there and STR demand is at an all time high. Happy to connect you with our agent in the area so you can ask any questions

Try looking up the properties on the awning airbnb estimator, you can see a comparison and dig into some nearby Airbnb's to understand rates and vacancy

FYI Awning rates start at 15% of revenue for full-service management