Greg R.
What markets do you consider to be the most promising?
17 February 2023 | 84 replies
You have a strong economy fueled with government jobs, military personnel, tourism, retirees and recently large amounts of commercial infrastructure is coming to the area.
John Underwood
A ban on banning STR's
21 February 2023 | 14 replies
The average STR owner spends much more on home/property improvements because they have to in order to retain a 5 star rating.c) Having these STRs in pristine condition raises the property values of the neighborhood, thereby raising the property tax eventually.d) Studies have shown that a strong STR presence in a city will actually raise tourism in that area.
Chris Seveney
Interest rates are not going back to 3%
21 February 2023 | 94 replies
You have a great point that I hadn’t considered, but I am in agreement with you.Further compounding the issue, at least in tourism areas, is the phenomenon where wealthy folks buy old homes that were being rented by the room, and replacing them with summer mansions (or winter mansions) and the supply of rentals continues to dwindle.If we’re already at a deficit of rentals, and aren’t building enough, then you’re right-we can’t become a “renters nation”.
David Taylor
What happens if regulations change in your market?
5 October 2021 | 25 replies
It's inconceivable to me that since in each case the whole town's economy is tourism and STR's make that possible, that the locals would allow any changes that would kill the town.
Joani Pederson
Is now a good time to invest in STR
16 May 2023 | 23 replies
Find an asset, underwrite it to a high scrutiny and talk to local professionals to see how the climate has been for tourism and STR's.
Michael K Gallagher
420 Friendly Vacation Rentals
25 April 2023 | 38 replies
However, considering Canna-Tourism is a $17Billion industry, I find it hard to believe you couldn't be successful if you put some intent behind it.
Bruce Lynn
Top Ten Cities for STR revenue collapse
10 October 2023 | 39 replies
Currently, inventory is around 2.1 months and falling.What about single-family home distressed properties:Bank owned: 16, which is about 0.0029% of all single-family homesShort sale: 7, which is about 0.0013%Foreclosure stated: 7, which is about 0.0013%So, ignore the “experts” with click-bait titles and look at the actual data for the city you are considering.All the above said, short-term rentals are dependent upon tourism.
Keith Boley
The date and Place of the 2013 investors summit
5 May 2013 | 93 replies
I have no connection with the Branson BBB or Tourism.
Blaine Cox
Looking for Realtors in Lakeland FL
22 January 2021 | 9 replies
That the jobs are not tourism dependent and "essential" and the rent to purchase ratio is closer to the 1% rule than you will find in Tampa or Orlando.
Jacob Lapp
Good time to get in the stock market?
17 March 2020 | 136 replies
Think travel/tourism companies that have been hit hard (cruises, airlines, hotels, Disney, etc.).