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Updated 10 months ago on . Most recent reply
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Conflicting information on 2BR/3BR vs larger houses
Hi,
I am doing a lot of analysis of SBR opportunities in a few different places and talking to a lot of folks (i.e. agents and property managers). I keep hearing that 2 or 3 BR properties rent out much better than 4 BR, but this in contrast to airdna and BNBCalc at least on projected revenue. I can see that there is a great market for smaller places for couples, but larger groups seem to be a good thing to target as well. We have been looking on the north east coast of Florida and Savanah Georgia.
Thanks for any thoughts!
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Quote from @David John Forliti:
Hi,
I am doing a lot of analysis of SBR opportunities in a few different places and talking to a lot of folks (i.e. agents and property managers). I keep hearing that 2 or 3 BR properties rent out much better than 4 BR, but this in contrast to airdna and BNBCalc at least on projected revenue. I can see that there is a great market for smaller places for couples, but larger groups seem to be a good thing to target as well. We have been looking on the north east coast of Florida and Savanah Georgia.
Thanks for any thoughts!
There are pros and cons to each. I wouldn't put any stock in what these online services generate, good or bad. They are about as useful as Carfax, which isn't much.
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