Investing in Luray, Rileyville, Shenandoah, Front Royal, Virginia

[Nabu Khan]

Hi BP family! I’m looking to invest in short term and long term rentals in Virginia. Can you share you experience and recommendations for the following areas:

Luray, VA

Rileyville, VA

Front Royal, VA

Winchester,VA

Shenandoah,VA

Which area is more likely to have higher occupancy rate, between short and long term?

Does anyone have experience buying land and building a cabin in any of these locations?

[Justin Knighten]

I bought one in Luray in December and got it running in February. It's been great so far. I can't speak to the others, but we've had 25+ days booked almost every month since Feb. Luray (and I think Page County) is very friendly to STR's, but they do require you to create an actual business and have inspections done before you start, that probably wouldn't be an issue with new construction.

 If anybody that has any in the area has specific questions or wants to share info let me know, I haven't gotten it all figured out yet but I'll share what I know.