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Updated almost 5 years ago,
Do views matter for STRs?
Hello!
Currently in the search and doing due diligence on STRs that are on or near the beach, and wanted to see from others experience how much the view from a rental matters in terms of rental returns. We are looking at a few different condos in the same complex some of which have views of the complex pool/beach, and some with views of a gas station with the ocean also. The difference in price is anywhere between 15-25K and as a new guy its tough to know if the extra money will translate into renters! (My initial thought is take the reduced risk and go cheaper on our first one knowing we can always buy more expensive next time, but I also don't want to pass up “great” deals if they exist. Plus, knowledge is power. Appreciate any input!