Broken Bow Oklahoma STR

[Aaron Akins]

I'd love some help on this topic!

In the Smokies, it seems that 'bigger is better' and that a view seals the deal. I've been ALMOST convinced that I can drop and 15-20% DP on a $1.3M 4BR STR and net $75K/year. I'm skeptical - also I'd like an exit plan if/when then market declines in the next few years.

So I'd really like to consider a healthy STR market where a $650K home isn't listed for $1.3M.

My compass is leading me towards Broken Bow. I'd love to know what type of property rents in this market and what I should be looking for. 

Thanks in advance!
 

[Lyndsey Garza]

@Aaron Akins - I have 2 very knowledgeable contacts in the Broken Bow area, both are licensed agents and have experience in the STR management side as well. I would always call local STR knowledgeable agents/property managers for the best input, advice, and on the mark numbers and trends. I attended my first 2 years of college at OU - Boomer Sooner!

I am in Galveston, TX - we have a very healthy and stable STR market. Anything from condos at $150k, homes up to $450k, and much more in between. We are a Island located 45 minutes away from Houston Hobby's Intl Airport (SWA hub).

Please reach out if I can help on either option!