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Hi Fishes, I joined Accenture last month and 45days has been passed but today I got a mail to submit LOA signed copy so does that mean that my bgv has not been started till now and will start only post submission of this document. Any one any idea how many does does they take to complete the whole process?? Thanks Accenture
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Do your research on local restrictions on short term rentals. I looked into Airbnb’s as an investment option (seaside locations) and many are now limiting short term stays and/or adding short term taxes.
Mentor
For us it was an easy decision to do STR. It’s a vacation rental and while summer is week to week I looked into what we should do for off season.
In the off season / winter I could get maybe $3,500/mo for LTR, but through STR I could do $10k. Plus with eviction moratoriums it would make me nervous to rent over 30 days.
Coach
In this market, STR all the way if it is allowed.