All Forum Posts by: Wilson Vanhook

I currently own 1 rental property and am looking to expand my portfolio this year. I've done a lot of research recently on STR's and it seems to me like the ceiling for profitability is much higher than with long term rentals.

My question is, what cities/locations in the US have high revenue potential for STR's in 2022? I recently was eyeing a place like South Lake Tahoe, CA. Somewhere with year-round visitors. Lake Tahoe has ski resorts nearby for the winter, hiking, watersports for the summer, etc. But then I found out the state of CA is gonna take their large cut in taxes so maybe Cali isn't the best state for an investment? I also considered somewhere in the Orlando area near the disney parks but maybe there are too many vacation rentals already in the area, capping the revenue ceiling.

I understand AirDNA is available for market research but to my knowledge it's only going to be useful if I find a specific area first and subscribe to that location.

Thoughts? What locations seem like a lock for STR's in 2022?

Great stuff looks like these might be helpful. For others viewing this thread in the future I also found Visio Lending. 

Young investor here and in fact this is my first post on BP. I currently own my primary residence and one long term rental property I acquired by first owning as a primary residence. I am now looking to continue expanding by buying a property to use as a vacation rental (airbnb vrbo etc). My DTI is high but I hear there may be lenders out there that don't even consider DTI for these types of loans on vacation rentals. Also how do these lenders approve loans without considering DTI?