All Forum Posts by: Trent Reeve

Thanks for the answers.

feel to me that most people feel the distance to the beach is important. I understand why it is crucial for smaller 3B/2B properties, but I wonder how important it is for properties that are above 5000SF with 6B/6B?

One argument could be made that the house itself is the attraction rather than the beach, and if the targeted travelers are the ones who will spend most of the time in the house and maybe go to beach once over the stay, 10 mile vs 25 mile doesn't change the story. Moreover, option 2 will offer more privacy given the distance to the neighbor, etc.

well, my property is across the street from Panama city beach. And there are plenty of houses on the beach and across the street. The houses on the beach rent first, the further you go away from the beach the less rented they become unless they are just rock bottom low. but i agree with @Andrew Steffens that 25 miles from the beach, i would not consider a beach property. and 10 miles from the beach, unless its some place that doesnt have many beach houses would still not be even the 3rd-4th choice by renters.

4 Votes

San Diego, California

Quote from @Scott Mac:

Those things are so uncomfortable to me.

I wonder if they are uncomfortable to others?

Or do others find them an acceptable mattress?

I will say, they do have some newer mattresses that help. that said, im 6'2 and my feet hang off every sofa bed ive used

1 Vote

Quote from @John Underwood:

I would pick closer to the beach.

I'd actually want beach front.

this. location location. and also, at 10 miles to the beach you get going to get the secondary market guests, as people want beachfront or walking distance.

3 Votes

San Diego, California

Quote from @Heather Hall:

hello, our Airbnb began July 2022 and starting then, we have been paying almost $1,000 monthly in insurance.

we need to cut down this cost but we could not find anyone else to insure us . . . Likely due to the recent hurricane Michael.

we have included coverage for replacement of lost rents for at least 6 months, to cover us for the mortgage payments if a hurricane destroys the property and we have to rebuild.

I am also in PCB. our STR started in Feb 23, but purchased and insurance in Oct 22. i ended up using a broker that found me better insurance than me by myself or my lender. Happy to share contact if you would like to reach out. They got me a policy around $5k.

1 Vote

Panama City, Florida

its called Rental Arbitrage.

0 Votes

Milwaukee, Wisconsin

not a fan. people are getting tired of having to always enter contact information to use stuff. guests just paid decent money to stay in a rental, and you should already have their information (email) in some way or form. just my personal opinion

3 Votes

i bought a property last year to use as a Short Term rental in PCB. happy with my efforts this first year. i do not say as an Airbnb, as i got very few ABB rentals last year, mostly VRBO and direct booking.

2 Votes

just some thoughts, take them with a grain of salt.

1 - too many pictures. no one wants to click thru 59 pictures

2 - the bed on #13, way too high. could be a problem for many people that have physical issues. especially for a downstairs bedroom, usually for elderly people that have issues with stairs, they wont be able to get into it.

3 - add some more color to the walls, either paint or artwork.

0 Votes

Quote from @Jacob Joye:

Quote from @Trent Reeve:

look at Rabbu and awning, then also do the Enemy Method analysis. but as has been mentioned, need more information to give an estimate. my sister has a lakeside house in the UP near Manistique.

Okay great thank you I’m not familiar with the Enemy Method so that’s super helpful in and of itself.

Looking for a 200-250k single family getaway near Boyne Mountain or Knubs Knob

https://www.youtube.com/watch?v=Noa_OLEKGQ4

0 Votes

Detroit, Michigan

look at Rabbu and awning, then also do the Enemy Method analysis. but as has been mentioned, need more information to give an estimate. my sister has a lakeside house in the UP near Manistique.

0 Votes

Detroit, Michigan

All Forum Posts by: Trent Reeve

Trent Reeve has started 26 posts and replied 509 times.

Post: Which one to choose: Coastal vs More Inland with Better Privacy?

Post: Recos for pullout couches- STRS?

Post: Which one to choose: Coastal vs More Inland with Better Privacy?

Post: Insurance options for STR in PCBeach, FL

Post: Using rental property as STR

Post: StayFi wifi for STR

Post: anyone have success in buying a property for AirBnb in Panama City, Panama?

Post: Looking for insight on my STR

Post: First STR Yearly Revenue

Post: First STR Yearly Revenue