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Apr 29, 2024
11:42
:50
am
johnnybyu
Truly Addicted User
Trying to buy a vacation rental would be really challenging right now. Supply
price, and rates are not in your favor. There are areas it can work but those are few and far between.
This message has been modified
Originally posted on Apr 29, 2024 at 11:42:50am
Message modified by johnnybyu on Apr 29, 2024 at 11:43:51am
Message modified by johnnybyu on Apr 29, 2024 at 11:44:27am
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johnnybyu
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johnnybyu
Joined
Jun 6, 2002
Last login
Jun 5, 2024
Total posts
14,911 (1 FO)
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Messages
Author
Time
I feel like I know so many people that own Air Bnbs or VRBOs across the country
boorad
Apr 29, 11:39am
Every single person I know who owns an Airbnb tell me they are almost always
Idacoug
Apr 29, 11:41am
My sister and her husband have a cabin in Southern Utah that they Airbnb when
Coug98
Apr 29, 11:45am
I have seen exactly the opposite
2FarGone
Apr 29, 11:54am
And….where are you located?
Idacoug
Apr 29, 12:47pm
Location, location, location.
scall
Apr 29, 12:03pm
Trying to buy a vacation rental would be really challenging right now. Supply
johnnybyu
Apr 29, 11:42am
The thing about real estate, like precious metals, they're not making more of it
Revolution
Apr 29, 11:43am
As for vacation rentals they are making more of it and fractioning them
johnnybyu
Apr 29, 11:45am
We knew a few people with them. One couple had two. All have sold them in the last few years
Mike Honcho
Apr 29, 11:44am
this is my main concern,although I have no interest in the AirBNB or VRBO scheme
BYUFBDAD
Apr 29, 11:50am
It's a timing thing. Our neighbors own one outside of Gatlinburg, TN. They
macdizzle
Apr 29, 11:45am
Prime location and unique vacation rentals will always be successful
rad dawg
Apr 29, 11:50am
The pros are still making money. They know the market, crunch the numbers,
Corn Pop
Apr 29, 12:02pm
I stopped booking with Airbnb because the cleaning fee was equal to another day
TexanY
Apr 29, 12:14pm
The tax benefits have to be considered as well
Medute
Apr 29, 12:14pm
There is depreciation expense that often creates a loss but there are rules on
johnnybyu
Apr 29, 2:37pm
You can greatly accelerate depreciation by doing a cost segregation analysis
marcusaurelius
Apr 29, 3:14pm
Yes, this all sounds like exactly what I was being told
Medute
Apr 29, 3:40pm
Active investors rules would apply needs to be main job or limit of 25k and
johnnybyu
Apr 29, 7:21pm
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