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Updated over 3 years ago on . Most recent reply

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Barry Je
  • Tacoma, WA
7
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33
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Vacation rental/Airbnb investing where we can vacation

Barry Je
  • Tacoma, WA
Posted

We live in Seattle. Been doing traditional rental investing a couple years and looking to get into Airbnb/vacation rentals.

Are there any resources to read to familiarize myself between differences of vacation vs Airbnb vs Vrbo vs other short term rentals?

Also...location?? I’ve been thinking oceanfront along west coast preferentially?

I’m not looking for insane returns or cashflow. I’m looking for a house we can vacation in ideally waterfront and beach for summer long weekends or a week and rent out the rest of the time. Don’t care about cash flow more interested in not losing monthly income.

Most Popular Reply

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Michael Haas
#2 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
2,280
Votes |
706
Posts
Michael Haas
#2 Buying & Selling Real Estate Contributor
  • Real Estate Agent
  • 🌧️ Seattle Investor & OG HouseHacker | 🤑 Helped 90 Clients HouseHack | 🏘️ Own 17 Rentals & 5 Airbnbs | 🏗️ Built 5 DADU's
Replied

We have both STRs and LTRs. Our Airbnb in Seattle makes a killing and we've got one in Homer, Alaska that is ok. @Barry Je I would strongly consider the following markets for Airbnb/VRBO:

WA: Leavenworth, Highway 2 corridor, Walla Walla

Oregon: Bend

Waterfront is nice but the price premium tends to make it a bitter harder to get good AirBnb cash flow - since you mentioned that you're looking to cover expenses, not generate income, this may not be a big issue though.

Good luck and message me to talk about Airbnb anytime! STR's are a core part of our portfolio and strategy.

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