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Updated over 2 years ago on . Most recent reply

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Scott Sobera
  • Investor
  • Birmingham, AL
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What are good resources to identify hot markets?

Scott Sobera
  • Investor
  • Birmingham, AL
Posted

I'm looking to start my AirBNB business, but I don't know where to start looking for properties. I am interested in managing tiny homes/vacation AirBNBs. Any advice will help. Thank you!

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Collin Hays
#1 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
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Collin Hays
#1 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Replied

Looking at "hot markets" is sort of like looking at "the stock market" as an investment.  The real estate "market" is a very macro term, inclusive of millions of properties.  You only need a few good buys, and you can find those in hot and cold markets all day long.  

2021 was the hottest year in memory in the Smoky Mountains in terms of real estate prices, yet I scored two of my all time best deals in that year.  

Focus on finding your deals instead of the overall temperature of this or that market.  

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SMOKY MOUNTAIN FALLS INC.

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