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Updated almost 3 years ago, 02/09/2022
Short Term Rental Market in Albuquerque
Good Morning BP Community!
I am considering purchasing a single family home and renting as a short-term rental instead of the traditional long-term rental strategy. However, I am new to the Short-Term rental game, and I wanted to hear from people who have short-term rentals in Albuquerque. I know the answers are going to vary depending on a variety of different factors, but I was more or less looking at a 3/2 home in the NE heights area.
So I was wondering what the average occupancy per month is, the average daily rate, and average monthly expenses (cleaning, management, etc)? Any insight is helpful, thank you.