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Updated over 3 years ago on . Most recent reply
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Up and coming locations for STR?
Hi all, we have 2 long term rentals in the New Orleans area. Both are doing well and now that I feel more comfortable, I'm looking to get into the STR market. New Orleans has some pretty strict laws, so thinking of going out of state. Anyone make a recent purchase or know or cities that would be a great place to start looking? Thanks!
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Hey Genevieve, I'm an investor specialist agent in Fayetteville, NC. I can honestly say STRs are killing it in this market. I currently have seven STRs myself in this market and all of my clients have found great success as well. Fayetteville is home to the largest military population, a large medical personnel population (travel nurses), and it's a natural midway point between New York and Florida, making Fayetteville a phenomenal STR market. Let me know if you have any questions!