Best Market For Vacation Rentals?

[Luke Carl]

I’m in the Gatlinburg Pigeon Forge Wears Valley (Smoky Mountain) market and I’m very pleased with my returns. It’s easy to scoop up a cabin that will bring in 1.5++% and you can manage it from anywhere in the world.

Obviously this is not suggested in many markets. The other markets that seem to do well are:

Big Bear 

Kauai  (@Mike V.

Orlando (@Chai Xiong)

Where are you having success and how??

[Sean Wilt]

@Luke Carl  thanks.  Is that gross or net of tax/fees.  Interesting benchmark and curious how my property stacks up vs. that metric.

Gross Rental Revenue divided by (PITI + utilities) = 150%?

Or 

Gross revenue - occ taxes etc divided by (PITI +utilities) = 150%

Thanks again.