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Updated over 4 years ago,
Getting Started with Short-term Rental
I have done a few flips and long-term rentals in the past but I am trying to get started with short-term rentals and utilizing AirBnb and/or VRBO. I am having a hard time finding many resources that describe how to get data to make informed decisions and how to analyze a deal. I am needing to find out occupancy rates for certain areas and would love general tips/advice to get started. I will end up needing to find a partner with capital since I am starting out with limited funds but have the time/work to invest, also being a licensed agent where it might be helpful.
Just looking for general guidance, good contacts, or best way to really get started. I am located in Utah and markets are too seasonal (with exception of one area) so would need to potentially do a deal out-of-state unless I can make the numbers work for the specific market in Utah that I have in mind.