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Updated over 2 years ago on . Most recent reply
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What's a right house for STR
Hi everyone,
Newbie to STR here. So I narrowed down my market already and am starting to go to open houses. When you go to open houses, how do you decide if it's the right house for STR (after the numbers make sense)? For example, if I were choosing a house I'd live in, usually one house just clicks with me vs the others, aka, there is certain styles of kitchen I like etc and certain location in a neighborhood( not facing the main road and not at the entrance of the community bc I don't like noise etc). How important are these things for STR? I'd imagine with a renovated kitchen the nightly rate can probably be higher than a basic old kitchen. But what about noise level? Would people mind that much? And is there a kind of style of house that would work better than others(not planning to renovate myself)? Market is a suburb.
Thanks!
Alice
Most Popular Reply
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- Investor
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I have seen some houses that have a weird layout that are killing it as a STR.
It is more about location, views, amenities, what there is to do close by.
People will overlook a smaller kitchen if you are on a lake or have mountain views for example.
Can you create an atmosphere where people can have fun and make memories in a given property?