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1 Year Airbnb Booking Win!
I just got a booking for $46K! I own and manage 4 STRs (soon to be 5) in Tallahassee FL and one of my units got booked for a 1 year booking! The total booking is $46K which is right around the yearly STR revenue for this unit. The average LTR rate is about $1500-$2K a month ~= $18K to $24K for a year This makes double and has all the benefits of LTR (no turnover, dealing with 100 guests) And that is why knowing different strategies can help you cashflow more. The secret on how I got it? Being ready and giving myself an opportunity to receive such a request When I create any airbnb listing, I always create a second listing where the calendar is pretty much fully open but only available to 30 day requests. That is how I create opportunities and that is how I got this booking. My second listing received this request. Hope this helps some of you that are also doing STRs Just wanted to share this win and offer some value as well! Also looking to Co-hosting in Southern California and Tallahassee, FL as well so if anyone knows anyone that might need help, let me know! Happy to discuss and answer any other questions in regards to STRs Good luck everyone and happy 2025!!
1 Year Airbnb Booking Win!
Deal partnership
I recently acquired a triplex and am now managing my cash flow for the year. Therefore, I'm seeking a 50/50 deal partner for a Short-Term Rental (STR) investment opportunity in Ohio. The property details are as follows: - Property type: 6-bedroom Single Family Home (SFH) - List price: $470,000 - Projected annual revenue: $95,000 - $110,000 (based on Airdna, Bnbcalc, and Rabbu estimates) - Location: Ohio (city with favorable STR regulations) - Permit process: Apply and receive within 30 days - Current status: Not currently an STR - Setup costs: Approximately $30,000 for furnishings Reach out if you want to partner and are looking to do STR investments.
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Tax question STR search
Can I claim STR search service fee as tax deductible ? If it’s how can I do it? Do I need LLC or can I do it even with directly ?
Help to find STR property quickly
I’m trying to close one STVR asap, but not able to find right one, I tried with STR search service but they can’t close deal and renovate house with in short time. Is anyone can help me to find good property or atleast suggest good area, I don’t want to loose my tax dollars this year. Really appreciate your inputs
Furnishing Suggestions?
Hi All, We're in the process of doing our first furnished unit. For those of you with furnished units, does anyone have recommendations for some of the big ticket items (specifically mattresses and couches?). We're aiming for the higher end of the market. Thanks in advance! Jason
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The HENRY Investor
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