Hi everyone, if you're an STR owner in Vermont or looking to buy one in Vermont, I wanted to share that the state's Ways and Means Committee is considering imposing a new 10% tax that would be on top of the tourist room and board tax that already exists.

Also considering a STR in a popular tourist area of my state. 

Tourists behave differently from residents.

One of the easiest ways to get into the STR game in Leavenworth is to buy a condo in the tourist commercial zone. 

New Orleans residents feel that AirBNB's have ruined the neighborhoods and character of living in New Orleans, making housing unaffordable for musicians and service industry workers and that the city has plenty of hotels for tourists to stay in.Adding units may be very easy or next to impossible depending on the zoning and neighborhood where the house is located.

It's a Little bit closer to Disney, much closer to universal and the the main tourist district, and the price points may be a little bit lower.

Our area is best known for its beautiful beaches and year-round warm weather, making it a popular tourist destination.

After growing up on the lake and nearly a year of real estate research here is what I can tell you:There are pros and cons right now in Branson related to STR:Pros:  -Branson is popular and growing in popularity - approximately 8 million visitors annually for a city of 10k population is pretty massive-Peak season is definitely the summer months, but even September-December do relatively well from a tourist standpoint. 

With strategic upgrades and modernization efforts, these properties can be transformed into sought-after residences, thereby increasing their value and rental potential.LOCATION, LOCATION, LOCATION – These Condos are often in prime locations in established neighborhoods, providing a sense of authenticity and charm that appeals to both residents and tourists.

This strategy can be lucrative in tourist-heavy or high-demand areas but requires active management.Lease Options:Enter into an agreement where you lease a property with an option to buy it later.