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Updated over 4 years ago on . Most recent reply

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90
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Sean Harris
  • New to Real Estate
  • Atascadero, CA
13
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90
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Is this a good location or will I be struggling

Sean Harris
  • New to Real Estate
  • Atascadero, CA
Posted

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.

Most Popular Reply

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Collin Hays
Property Manager
Pro Member
#2 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
3,220
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2,292
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Collin Hays
Property Manager
Pro Member
#2 Short-Term & Vacation Rental Discussions Contributor
  • Property Manager
  • Gatlinburg, TN
Replied

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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SMOKY MOUNTAIN FALLS INC.

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