The Super Official Homeowners Thread

[WRXtranceformed]

Eh, long story short: apparently I'm crazy but I've made up my mind. Definitely keeping the house for at least a year and definitely going to rent a 3 bedroom place in Charlotte at some point. Not sure what I was thinking trying to pull the trigger on a house so soon, probably "I'm never going to rent ever again" but that's 110% the smart move. Going to hold out on that as long as I can since it's not super clear when exactly anyone is going back to the offices at BoA. That'll give me 4-5 months to get a feel for the job without stressing living situation or move at all. It also gives me time to set things up here. Being six hours away is less than ideal but I'll hardly be the first person to ever manage an Airbnb that way. Most of those issues have solutions and it won't be that difficult to find a property manager either.

I get the feeling Massanutten isn't well regarded here but did some digging through some Airbnb data analytics. It matches what I've tracked and what I experienced renting the room out last year. Even with a 45% occupancy rate and an average house I'm likely to clear $50,000/year in revenue. That's definitely on the low end and I'll likely be looking at closer to $60,000. I already have to deal with the tax non-sense this year, might as well see if this business will scale. I have 2 whole weeks with nothing to do thanks to an unexpected severance so definitely have the time to cover all my bases and nail down all the expenses before committing to anything.

Haven't been on the forums in a while but just saw you're looking at moving to my neck of the woods in CLT.  If you need some advice on what part of town to rent in and not to rent in, just shoot me a DM.