Reno, Nevada, with its booming economy, diverse housing market, and attractive tax benefits, is emerging as a top contender for California investors looking to diversify and grow their portfolios in 2024.Why Reno is Attracting California Investors:Lower price point: Enjoy significantly more bang for your buck compared to California's expensive markets like San Francisco, Los Angeles, and San Diego.Tax-friendly environment: No state income tax and lower property taxes offer substantial savings for long-term investors.Growing economy: Boasting a diverse economy driven by healthcare, technology, and tourism, Reno offers strong job growth and rental demand.

The problem with Costa Rica and Puerto Rico is that it is already an established tourism destination for surfing and I want to hit the best up and coming location so I can grow my real estate investments.... some good examples of well established surf destinations that were not "popular" and "surf tourist destinations" a decade ago is Nosara, Costa Rica and Rincon, Puerto Rico...

And since the Smoky Mountain area economy has been relying on the commerce of short term cabin rentals and tourism since the 60's, we feel pretty confident it would be one of the last municipalities to ever crack down on short term renting.  

Basing an STR on tourism or a large industry that uses traveling/temporary workers is a better idea.

It's more affordable and I think there is still enough tourism and business travel to make it profitable.

Tourism is up 12 % since last year, House Hunter International are just producing episode in Lake Atitlan.... if anybody interested in great investment opportunity will be happy to inform you..

The country has held democratically free elections since 1994 and have opened their economy to foreign investment and eco tourism as the benefits to the Costa Rican economy were obvious.

What's missing is the promises of wealth pouring into the city; the job creation, lower taxes due to the coffers being full, increased tourism and of course, the housing boom. 

The media can and does latch onto a few negative items but the facts are that CA is breaking records for VC funding,  exports,  tourism and tech growth.  

I dont know how it will affect housing prices but we will loose a lot of our summer tourism.