Gardiner, Montana, Gateway to Yellowstone

[Gayle Eisner]

Good Afternoon!

Thank you for reading my post!  Gardiner, Montana, gateway to YS is Good place to invest in a vacation rental?  I was looking at a small 2 br house, 1931, total fixer but downtown.  Overpriced ($175k).  Still a good place?  Im from California so I was wondering about winter problems, concerns as well???  I love Montana but not sure about investing?? Heard that Boseman or Livingston are good places to invest?  Thanks kindly!

[Nathan Gesner]

As an investment, long-term rentals produce a better return with less headache. There are exceptions but Montana isn't one of them.

I live in Cody near the east entrance to Yellowstone. I used to manage 70 vacation rentals and none of them produced as much income as they would have as a long-term rental and the work required was significantly higher. Even owners that live locally and manage everything themselves still don't make much more and the extra effort required is ridiculous.