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Updated about 1 year ago on . Most recent reply

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Jacob Joye
  • Investor
  • Detroit, MI
1
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6
Posts

First STR Yearly Revenue

Jacob Joye
  • Investor
  • Detroit, MI
Posted

Hey everyone, 

My wife and I are looking into the purchase of our very first STR here in Michigan. Thinking we will cater toward the Ski (winter) / Golf (summer) crowd on the North/West side of the state…

My question for each of you is this— what did your first and second year revenue look like for your first STR?

I am aware the outcomes widely vary— However, I would like to gather as much first hand information and testimonial as to what it looked like for you all individually in the Bigger Pockets community.

Thanks!

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Replied

I know you already stated this, but answers are dependent on too many factors that I can’t see how the responses would be helpful to you.


I’d recommend typing some prospective addresses into awning.com and airdna and triangulating the results, combined with looking at some competing calendars on Airbnb 

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