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Updated over 5 years ago,
The Future of STR’s?
If you invest in Short Term Rentals, are you concerned about the future of this type of rental?
It’s like everybody hates us! I have my first in Big Bear Ca, and after only 4 months ( during the slow season) we been able to pay all of our expenses and have made profit! We also just became super host’s on Airbnb!
My concern though is the increasing ordinances cities or states are putting on STR owners. I'm in a resort community so That makes me feel like the city will continue to need us despite their obvious annoyance by STR's. I even heard hotel chains are now starting to try and do their own STR programs to compete!
Thoughts?
Thanks Bigger Pocket Family!