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Updated over 4 years ago on . Most recent reply
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Is this a good location or will I be struggling
I have always had the idea of owning a vacation rental in a small but popular mountain town near where I live. Just curious at what other people's returns are typically because according to airdna this town says its average rates are about $330 a night and occupancy rate of 40%. I dont really like the idea of having a bunch of long term SFR but more places where we like to visit that I can rent out when we aren't there.
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Luckily, the intelligence you are seeking is quite easy to find! The quickest, most accurate answer to your question is a 1 hour review of similar properties around you on VRBO. Look at the rates and the calendars, and you will get a good sense of what properties are doing. Opinions on here aren't worth $.02, because each market is so unique.
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