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Updated over 4 years ago on . Most recent reply

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11
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Conner Sparks
  • Rental Property Investor
0
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11
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Fairbanks Vacation Rental

Conner Sparks
  • Rental Property Investor
Posted

Does anyone out there have any experience with the short term rental market of Fairbanks/North Pole in AK? I will be moving to the area soon, and I am working through whether a short term or long term rental property would be more profitable.

Most Popular Reply

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73
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75
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Allen S.
  • Investor
  • Anchorage, AK
75
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73
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Allen S.
  • Investor
  • Anchorage, AK
Replied

@Conner Sparks AirBnB will be VERY seasonal up here.  They usually do great in the summer, and (obviously) are much more slow in the winter.  Fairbanks isn't nearly as busy as Anchorage or some of the tourist hotspots.  You're also buying yourself or your wife a job... so if you're looking for extra hustle in your side hustle, it can work out.  If you're looking for passive... the AirBnB is not it.

Also - make sure you can still cover your payments with a regular tenant. If you need that rent bump from running it as a STR you're asking for trouble...

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