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Updated about 3 years ago,

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10
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2
Votes
Dan Collier
2
Votes |
10
Posts

New short term investor looking for hot short term rental markets

Dan Collier
Posted

Hi everyone!  I am a newbie investor from the Baltimore/Washington metro area.  I just got my first long term rental up and running a few months ago and am now looking to try short term rentals to increase cash flow more quickly.  I wanted to start with Rehoboth Beach, DE since its been a family destination my whole life and we have a family place there, but after that I was wondering how do I find the hot markets to get into?  I heard on a podcast episode that the Smokey Mountains, Florida Panhandle and Joshua Tree are up and coming but what is the best way to find and rank them?  I was hoping to aim at a mix of hot markets that are also within driving distance so I both have the option of checking in on it easily and can use it as a lifestyle asset as well.

Thoughts?

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