All Forum Posts by: Nikhil Jain

Hey @Sean Graham I am looking for similar info, do you mind sharing it with me as well?  

Thanks!  

Hello everyone,

My name is Nikhil, and I am a new real estate investor currently focusing on the West Michigan market. I am particularly interested in purchasing my first investment property as a short-term rental (STR).

After analyzing recent data from AirDNA, I have identified several promising areas: Douglas, Saugatuck, Fennville, and I am also exploring opportunities around Stevensville and New Buffalo.

I understand that regulations around STRs vary widely, and I've taken the time to study city maps to identify areas where they are still permitted. I would greatly appreciate your insights and experiences regarding these locations, particularly Stevensville. I'm currently eyeing a turnkey property in that area that looks very promising.

If you have any advice on market dynamics, rental potential, or even just the community vibe in these areas, I would love to hear from you. Your input will really help me make an informed decision as I move forward.

Looking forward to connecting with you all and learning from your experiences!

I am also currently in the market looking for a STR, and have been navigating the traverse city zoning map listed on the city's website to identify pockets that allow STR. I know this post is 3 years old, but still was hoping to get some insights and pointers about the areas nearby.

Fennville, Saugatuck, Douglas, Stevensville, New Buffalo are the areas that I have heavily researched upon and found them to be more or less STR friendly, for now! However the inventory in the area seems to be really low. Another factor to consider, the main season for tourism seems to be between Memorial day to Labour day, and pretty much dies down completely after that.

So trying to divert my search to Northern Michigan, since there are lot more activities to do in Winter there. Does anybody know which areas are good, and have year round occupancy?