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Updated 23 days ago, 11/27/2024
Is there still interest in Rooming Houses as a STR?
Do Investors still have interest in rooming houses? Rooming houses usually don't get to take advantage of sporting events, concerts, festivals that usually result in spikes in rental fees and more profits ( and glory) that AirBnb and other STRs get to. But if set up correctly, they can be more consistent performers over time and have more predictable cash flow.
I have a 3 home package that I'm working in my market. I was wondering if: 1) investors still found rooming homes as viable? 2) What would be best way to market those rooming houses. I'm listed on MLS and I've posted in all of the groups on facebook. Now I'm here. Any info would be a huge help. Thanks!