Buying investment property NH (short term rental)

[Patricia DaSilva]

Hi everyone, I would like to know which areas are good to buy a log cabin, single home investment for short term rental in NH?  
Which  Areas I should avoid? I live in MA, and looking into that! Any insight  would be appreciated. How much is spent on managing? How much profit in a year?(roughly of course)

Thank you so much 

[Jimmy Woodard]

@Patricia DaSilva 2 tools that can help you determine the STR revenue potential of any property are Airdna and Rabbu. Also look at the competition in the area to see what they charge and the amenities they offer.

As @Sean Delisle mentioned, do your research before buying a property. You can usually google "[city] short term rental laws" and the city or county website will pull up to let you know what restrictions/requirements are in place.

As for managing, see if you can self-manage first. Most property managers charge 20-25% of gross revenue, which will certainly affect your profitability. 

Feel free to DM me for any other questions!