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Updated 11 months ago, 01/03/2024
Angel Fire, New Mexico?
Does anyone have any thoughts on the STR market in Angel Fire, NM (or Taos or Red River in that area)? I'm in Central Texas and am looking for a STR destination that could be used for a few days (or a week) once or twice each year by my family, while still cash flowing very well as a STR. That area is one that has occurred to me that appeals for personal reasons (distance, location, climate), and it appears much cheaper to purchase than the ski towns I looked at in Colorado. Does anyone have any experience in this area, reasons I should (or should not) purchase in this area, or any alternatives in that part of the country that might be better for what I'm looking for? Or, and this is an alternative question, is there any place in the country that cash flows better as a STR than any other area? I know a lot of people like investing in the Gatlinburg/Pigeon Forge area, and haven't ruled that out, although it's a further drive from where I'm at.