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Updated over 7 years ago, 08/26/2017
Best Locations for Vacation Rentals
Like others here, I've recently gotten into vacation rentals with my first property in Vegas after having focused only on long-term rentals for the past 5 years. While it's still early, the performance of the vacation rental has far surpassed my expectations and blows away the returns I'm getting on my long term portfolio.
I'd like to add more vacation properties soon, but am reluctant to do it in Vegas because the regulatory environment is not friendly for vacation rentals.
Any suggestions for where to look? I'd love to hear your best ideas for:
1. Location
2. Ideal type of property and price point (SFH or condo, # beds/baths, amenities like pools, etc.)
3. Rough numbers (gross revenue, expenses, net income)
Thanks!