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Updated about 3 years ago on . Most recent reply

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Zak Nichols
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What city is best to buy property and start Airbnb business?

Zak Nichols
Posted

 Currently live in CT with fiancé, we own a 2family rental property. We are looking into buying property out of state in Florida area, where short term rentals such as Airbnb are allowed. Does anyone have experience and a good place to start with this type of business?

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Gerald Pitts
  • Rental Property Investor
  • Asheville NC
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Gerald Pitts
  • Rental Property Investor
  • Asheville NC
Replied

I suggest vacation areas that thrive on tourism economy, and have been doing this a long time over metro areas that are still in earlier phases of airbnb.  You're at the mercy of residential areas that don't want a party going on next door, and eventually the city starts restricting.  Basically, go where the areas have been vacation rental friendly for decades already.  

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