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13 September 2024 | 12 replies
I would think you could get a higher occupancy in a destination town like New Orleans but look at past years evidence from the property and look at industry standards.
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13 September 2024 | 11 replies
Hope this helps everyone.Proper InsuranceProper Insurance is a leader in the vacation rental insurance space, offering policies in all 50 states.SafelySafely provides dedicated vacation rental insurance with additional services like guest and home background checks.CBIZCBIZ is known for its comprehensive vacation rental insurance solutions for both everyday hosts and larger-scale property managers.Rental GuardianRental Guardian offers flexible plans tailored to hosts' budgets, including options for international properties.InsuraGuestInsuraGuest provides specialized coverage for vacation rental properties, including accidental in-room property damage and theft protection.Red Sky Travel InsuranceRed Sky offers insurance products specifically designed for managed vacation rental companies, with packages tailored to different destination types.
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10 September 2024 | 10 replies
I think the shift in demand is primarily due to (i) locals (within 2-3 hour drive) being more open to travel to further destinations despite the pandemic and (ii) significantly increased STR supply in the market (the number of permits in operations today are apx. 2x what they were early 2020).
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8 September 2024 | 0 replies
Alaska, Georgia, Florida, and Arizona round out the top five, while Vermont ranks as the safest state.Travel Abroad from Vegas: Las Vegas' Reid International Airport now offers direct flights to 10 international destinations, including cities in Canada, Mexico, El Salvador, Panama City, Ireland, the UK, the Netherlands, Switzerland, Germany, and South Korea.
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9 September 2024 | 18 replies
STRs usually do better when they are at destination locations such as beaches, lake homes, mountain cabins....
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6 September 2024 | 3 replies
You can usually get the zoning destination with the property listing, then look that designation up in the town's zoning code to see which uses are allowed there.Basement habitation - There is a concern that limited egress, fire and CO are major risks to bedrooms and habitation in general of basements.
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4 September 2024 | 14 replies
None of the cities listed are destination tourism cities.
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3 September 2024 | 4 replies
I was wondering if there is an alternate destination such as the out-ish skirts of Indianapolis?
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3 September 2024 | 10 replies
STR (if more than 50/100 miles from your home, or at a destination like lake house or beach house), allows you to put 10% down vs 15/20% down for conventional financing.
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26 August 2024 | 25 replies
Oh that’s actually great to know you owned in Destin West.