Airbnb Rutland, Vermont

[Mark Jackolski]

Hello everyone!

For the past year or so we've been looking to invest in real state. We live in Long Island, NY and were looking at multi-families around the area for a long term rental, but these properties are scarce and prices are too high for optimal returns. So lately we've been looking at the possibility of investing on an Airbnb in Vermont. 

We're big snowboarders so we know that there is definitely demand for areas by ski mountains in the winter and the prices on Airbnb are very promising. After analyzing multiple deals our main focus is either southern Vermont (by Stratton and Mount Snow) or a little more north by Killington and Okemo. We came across a property in Mendon Rutland (18 minutes from Killington and right next to Pico mountain) that seems like it could perform well. 

We find that the numbers on Airdna are not very reliable and we were curious if anyone out there has some experience with what the occupancy rate is like in Mendon, Rutland. 

Looking at what is available around Killington and occupancy rate we are starting to think that southern Vermont might be a better investment year round.

Are there any other areas from your experience that are a better investment for short term rentals in Vermont?

Thank you!