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Updated about 5 years ago,

Andria Kobylinski's profile image
Andria Kobylinski's profile image
Andria Kobylinski
Pro Member
  • Rental Property Investor
  • from Richmond, VA
  • Member since Jun 19, 2018
  • Posts 76
  • Votes 27
  • Experience 7 Yrs
  • Investments 1
Connect

User Stats

76
Posts
27
Votes
Andria Kobylinski's profile image
Andria Kobylinski's profile image
Andria Kobylinski
Pro Member
  • Rental Property Investor
  • from Richmond, VA
  • Member since Jun 19, 2018
  • Posts 76
  • Votes 27
  • Experience 7 Yrs
  • Investments 1
Connect
Andria Kobylinski
Pro Member
  • Rental Property Investor
  • Richmond, VA
27
Votes |
76
Posts
Short-Term & Vacation Rental Discussions

AirBnB or Rental near casino development

Andria Kobylinski
Pro Member
  • Rental Property Investor
  • Richmond, VA
Posted

My city, Richmond VA just announced a large $350 million casino development with hotel restaurant spa etc. The development will go in an area that currently has very low house prices and mostly section8 tenants but the neighborhood is "flipping". What are your thoughts on investing in a few rentals or an Airbnb's in that area. My initial thought is that it won't necessarily increase the home values but could be a great rentals with low vacancy rates? Does anyone know if these Indian casinos usually have affordable rooms or are they more high-end?

  • Andria Kobylinski
    • 1 Vote
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