Airbnb Arbitrage in New England

[Zachary McHugh]

Hey BP Community, 

I'm currently looking into the world of Airbnb Arbitrage in New England and have a few questions. If anyone has experience or insights, I'd greatly appreciate your input!

Airbnb Arbitrage in New England:

Is anyone actively involved in Airbnb Arbitrage in New England? I'm interested in hearing about your experiences, challenges, and successes.

Cities/Towns and Local Regulations:

I'm curious to know which cities or towns in New England are more open or restrictive when it comes to Airbnb Arbitrage. Are there specific places where this real estate strategy is thriving or facing obstacles?

Researching Areas:

What's the best way to research which areas in New England allow or don't allow Airbnb Arbitrage? Are there online resources, local government websites, or community forums that provide valuable insights?

Looking forward to your responses! 

Thanks,

[Corey Hassan]

I’m going to echo what @Cliff H.said. Lake winnepesaukee in NH is obviously a huge tourist attraction and could have the possibility to be lucrative for STR's…. That is until they recently change regulations regarding STRs in certain areas this year. My wife and I were looking, noticed some houses in that area were oddly low in terms of price and quick search helped us realize why. I believe they now limit it to 120 days/year you can rent for STRs but I may be wrong. Regardless the rules are rapidly changing.

We're in a similar boat though, not so much looking to arbitrage, but looking at solid opps for STRs investments but we're shifting focus only in areas with well established vacation markets/STR presence even though we live in a high demand area. The challenge we find in NH specifically is the opportunity is very seasonal (mountains in higher demand in fall/winter, lakes in summer) and the real estate is expensive in those areas. Combine that with unknown changes it's just too risky for us.