in Tokyo thats a mansion LOL  good luck with it.

And that gives you a really bad return on investment.Warren  Buffett once said that business is not like the Olympics -- you don't get any extra points for taking a more difficult event.

This was also in the Airdna email:Key Takeaways Demand and revenues in Beijing, Tokyo, Milan, Rome, Seoul and others have plunged throughout the month of February and into MarchMost US markets remain strong and stableEvent cancellations in Austin and Barcelona have dealt crushing blows to hostsHosts in many locations are decreasing available rates to incentivize travelBright spot: booking behavior is highly localized and dependent upon destination type (leisure versus urban)Short-term rentals are often more immune to the impacts of pandemic than other travel industries 

The pacification was heavily applied (and advertised) from 2013 on because of World Cup (2014) and the Olympic Games (2016).

I was like Wow why no debt returns are better.. well turns out big family that were billionaire developers in Tokyo and they got their clocked cleaned when Japan melted down had to much debt.. took what cash they had ( which was still 100s of Millions) and just paid cash for all their real estate.. they have quite the portfolio.. 

It's in a perfect location by the Olympic Discovery Trail.

I think what we're going to see are a lot of mandated lifestyle changes (e.g. considering cancelling the Olympics and March Madness with empty arenas) that could especially impact STRs from a real estate perspective, but just the lives we're used to in general. 

In addition, 2 major events will greatly contribute to LA real estates:2026 - World Cup2028 - Olympic, which LA will invest 6.9B into the event including infrastructure upgradesIf you plan is to buy and hold, I would wait for more deals to pop up.

Colorado Springs in general attracts a large tourist crowd with Garden of the Gods, Pikes Peak, Olympic Training Center, and 5 military installations to include the Air Force Academy.

We are based in New York, and our investors are accredited investors from large cities like New York, Boston, and Tokyo, where returns to real estate are compressed by the amount of money available to purchase real estate.