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30 April 2024 | 14 replies
I was around when the vietnam protests would attract 500,000 people each, in multiple cities, in the same day, in the USA.
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25 April 2024 | 14 replies
Back to your original topic (we investors do chase rabbits sometimes)...I am not aware of such a place that is not already in an established tourism/STR market.
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24 April 2024 | 9 replies
I'd check local tourism statistics for the area as well to see if those are up or down.
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25 April 2024 | 93 replies
And I prefer tourism areas that have been doing this a while instead of metro areas that don't depend on the tourism for their economy.
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22 April 2024 | 13 replies
If you don’t mind me asking Job growth and stabilityLimited land to hold value Tourism and revenue incomes streams as a city to gain exposureMilitary bases nearbyResort town/ beach town Commercial businesses coming into the area Tons of gentrification in the area with new construction
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24 April 2024 | 49 replies
Montgomery has a great rental market. 1)The last numbers I saw showed 47% of homes here are rentals. 2)That is due to a strong federal job market with federal courthouses, Maxwell and Gunter air force bases. 3)Lots of state jobs, about 10 colleges and universities, tourism, 3 major hospitals, 4)a Hyundai manufacturing plant, and Amazon is building a distribution warehouse.5) Low property taxes.6) Population growth.7) Landlord friendly state.8) We can typically hit the 1% rule on rent to price ratioFrom Wikipedia, Alabama has the second lowest property taxes behind Hawaii.2.
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22 April 2024 | 2 replies
This allowed us to not only tap into the tourism market but also gave us access to traveling medical professionals and students as well that would provide long term tenants if we were prevented from continuing with the STR model.Although we still have a long ways to go to meet our goals, we are excited for the foundations we had setup for this property to this point.
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21 April 2024 | 5 replies
Over the past 5-8 years the market for higher end hotels, condos, and apartments has exploded along with tourism in the area.
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22 April 2024 | 12 replies
And it’s not just because of the music or tourism industry, which is what most folks think about when they think of Nashville (who spend $27 million / day).
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16 April 2024 | 0 replies
Eco-tourism will be featured, as will sheep/goats/cattle for some seasonal forage management.