Related Posts
The elusive white whale… and at retail too…

Additional Posts in The Real Estate Bowl
Can I get a commercial loan without 25% down?
Any Property Management recs in Seattle area? :(
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.




continued. More geared towards being an STR. I’m trying to figure out how I can best utilize the land to help pay for both cabins. Essentially have the STR pay for most of both cabins. I’ve run some napkin numbers but looking to see what resources or factors others would recommend to model and account for. Like what are reasonable occupancy rates, how can I estimate nightly rental fees, other expenses I should be aware of, STR tax benefits (wife and I are high earners) etc.
I know that with a shared/family property there’s a bunch of precautions to protect everyone’s interests and investments and think we’ve got it covered, but advice welcome there too.
Any recommendations on where to start reading and maybe some examples of how I come up with the best estimates for conservative and moderate scenarios?
Check zoning rules or hire a real estate attorney to make sure you can do what you want to do. There may be limits on the number of dwelling you can have in the property as well as restrictions on short term rentals.