Optimum size/BR in Scottsdale vacation rental

Optimum size/BR in Scottsdale vacation rental

Rental Property Investor · Phoenix, AZ · Member since 2017 · 25 posts · 6 votes

Hello everyone, would be appreciative for any direction or feedback.  What is your preferred condo size for vacation-rentals?  Are there benefits to consistent bookings, price-margins, etc when searching bedrooms, bathrooms and square-footage... 

We are looking at either 2 BR or 3 BR condo's in Scottsdale for vacation rentals.

Thanks in advance for your time and feedback!

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  • Real Estate Agent · Sevierville, TN · Member since 2015 · 1k+ posts · 1k+ votes
    7y

    Be careful with condos.  Besides the added expense of HOAs, they often will not allow STRs, and even if they do, could change their bylaws on them at any time.  Make sure you have a good exit strategy if you buy condos.

  • Investor · Denver, CO · Member since 2016 · 533 posts · 433 votes
    7y

    Hi Charles,

    I am invested in Scottsdale and would be happy to provide you with some information.  Feel free to PM me and we can start a dialogue.

    @Julie McCoy has a great comment, and I have experienced just what she has described.

    Best,

    Mike

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