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Updated almost 8 years ago on . Most recent reply
Short-term rental experts needed
I am looking for to speak with serial buyers of short-term rentals who invest in the US. I want to learn from the best about the best strategies and locations. Please feel free to contact me! (and of course share your insights as a comment to my message for everybody). Thank you!
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#4 Short-Term & Vacation Rental Discussions Contributor
- Investor
- The worst town to live in, KS
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#4 Short-Term & Vacation Rental Discussions Contributor
- Investor
- The worst town to live in, KS
There is a 120,000 bpd refinery in my town of 10,000 people. A cheap motel is $350/week, and it's a roach motel. A nice hotel is $600/week, serves breakfast and has a pool.
My rental houses are the equivalent of a nice hotel, with a kitchen and washer/dryer; at the price of a cheap motel.
22 houses, 82 beds. As I am typing this, 20 of the 22 houses are rented out.
What's not rented out? A 3 story house with 9 beds, 4 bathrooms, 2 washers, 3 dryers, and 6 cable TV's. A 2 story house with 5 beds and 2 baths. Bigger makes more money, but is harder to rent out.