'Trendy' Airbnb Investment in Remote/Non-Destination Area

[Michael O'Hanlon]

Hi all! 

I'm curious if anyone has any insight or thoughts on purchasing an investment property to leverage as an Airbnb or STR, but...

HERE IS THE CAVEAT: I'm particularly intrigued by this shift in travelers/STR interest in "remote" or "off-the-grid" type locations that are NOT in an established/developed destination town.

I've discovered some highly successful remote examples that all seem to have similar qualities: 

- Located within 1-2 hr of a large metropolis area on a very secluded lot

- Attractive Architectural Design Elements (Think a "Trendy" Scandinavian A-Frames)

- Strong Social Media Presence & Strong Market Plan 

I understand this idea a little more Conceptual compared to other Airbnb models, so I'm curious if anyone has any insight here. 

I also recognize a need for a full Marketing component to help get a remote property 'On the Radar' of Airbnb'ers and STR folks (pun intended).

Any thoughts are greatly appreciated! 

Cheers,

Michael

 

[Ryan D.]

Originally posted by @Paul Sandhu:

@Michael O'Hanlon You are delusional.

Paul is a good example of Michael being early. People are still in disbelief of STRs being here to stay. Check out Robuilt on YouTube, Kristie Wolfe & BoxHop on Instagram. Plenty of wild success stories with people on Airbnb getting returns those on BP would never believe. Create an experience, build a social presence around it but most importantly have multiple exit strategies. With our STR builds we always have another exit in mind if STR won't work or it becomes banned/another pandemic happens that shuts travel down completely. Timing is good right now. Supply was slaughtered over the past year and demand will come back.