All Forum Posts by: Lisa Lister

I have an agent partner in New York and would happy to connect you if you need specific STR advise.

Quote from @Brian G.:

@Lisa Lister what annual gross revenue to purchase price ratio can be expected there?

Your rate of return obviously depends on financing options and whether you are looking to self manage or not. However I can give you a good example of one of my own 3 bedroom short-term rental properties. Today’s market value on that unit is around $240,000, and our gross income is around $30,000 per year. There are great opportunities to own 9 or 10 bedroom lakefront or Lakeview lodges in Branson too, these range between $1.2 million and $1.5 million and gross anywhere from $150,000-$200,000 in gross income per year. If there is a specific price point you would like to be at and want to share specific details with me, I would be more than happy to run a proforma for you what you want to take your research.

You’re welcome Sarah. I had not spoken to many on BP for some time about Branson and so wanted to share some info, so people don’t forget about little old us :) There are certainly a wide range of activities that draw visitors here, for all age ranges!

I'm sure I know of the resort you are talking about, how exciting!! I would love to sell all our investment properties and invest in something similar. It will be a lot of work I'm sure, but the benefits would be huge. Something many of my investors have done with buying resorts is to, after some time, subdivide and sell individual units and offer a COA or HOA for amenities, utilities, maintenance and building insurance for example. Are there slips or a dock included in the listing? I notice you are a licensed agent, however if I can help in anyway, please reach out.

I am a local Realtor in Branson and we own STRs and LTRs in town, as well as some new emerging markets locally. We did a HELOC for our STRs initially and then bundled them together with our lender to do a larger HELOC to fund some fix and flips and also LTRs. My only advice is to use a local lender who knows our market here. All the best!!

I am a Realtor in Branson and own multiple STR properties as well as LTRs too. We use Innago to manage our LTR and actually find our prospective tenants through word of mouth mostly. This gives us the opportunity to assess tenants prior to asking them to submit a screening, which they pay for through the Innago platform.

I am a Realtor in Branson Missouri serving many investor clients nationwide. I use historical data from the listing agent or my client (if I am listing) to analyze the property. I find that some programs bump up PNRs to encourage investors, however working with my clients I want them to be pleasantly surprised, rather than disappointed at the end of the year. We have a 10 month season here, and my conservative numbers are always based on 160 night per year of STR income and I split the PNR into peak and off peak (usually 50-50). Hope that helps!

With our LTR properties, we only ask tenants who we have met with and would be happy to rent to, to undertake the screening process. We use Innago to manage our properties and they offer a great screening tool which you can chose to pay for yourself (as the landlord) or charge the tenant. Usually we only ask tenants to submit their details for this if we are 99% sure we are willing to rent to them. Hope that helps?

We refinanced our family home to invest in multiple investment properties in Branson, Missouri with no problems at all. I did use a local bank though, so perhaps you may consider that avenue locally to you, rather than larger institutes.

Thanks for reaching out Trent. Honestly the winter months are all down to the appeal of Silver Dollar City. They put on the Fall Festival from mid-Sept and then from Nov 1 the city lights up. Many visitors come to Branson just for the events Silver Dollar City put on. The shows in town are truly very popular too and many museums on the strip are open year round. January and February are super quiet, but the rest of the year makes up for that. Entry price point is anywhere from $100,000-$150,000 for a 1 bed or studio condo and the sky is the limit for larger 10 bedroom lake view lodges (currently on the market for around $1.6+ million). Any more questions about the area, please reach out.