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Updated about 4 years ago,
AirBnb Short Term Rentals
I've been research and strongly considering investing in a STR in a major market with significant tourist attraction like Miami/South Beach. I've gone through the data on AirDNA, MashVisor, etc. and the data points to the less common markets such as Nashville, UpState New York instead of major markets like South Beach.
I'm looking for insight from all current BP STR investors that are managing these rentals in the major markets. What is your occupancy rate? Do you find your market to be over-saturated with AirBnB rentals? Any and all advice or experiences is welcome!