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Updated almost 2 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Jane Park
  • Denver, CO
1
Votes |
5
Posts

Best area for STR, Santa Rosa Beach, Nashville, Austin

Jane Park
  • Denver, CO
Posted

Hi. I am very new so please be kind if my question is too general as I understand that lots of factors can come into play but for those of you more seasoned investors, if you had the opportunity to invest in those 3 areas for a new STR or MTR in today's market which area would you focus if any? Thank you in advance for any input/advice you can offer this newbie!!!

Most Popular Reply

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1,235
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1,272
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Zach Edelman
  • Lender
  • Austin, TX
1,272
Votes |
1,235
Posts
Zach Edelman
  • Lender
  • Austin, TX
Replied

With regards to ATX - the city is highly regulated and there are different types of STR licensing, so I would highly recommend looking to the due diligence and layout ahead of time. The city even recently said they are working harder to crack down on unlicensed STRs operating illegally: https://www.msn.com/en-us/vide...

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