Mark Klee
Feasibility of buying Summer Vacation/short-term rental on Cape Cod
3 October 2024 | 1 reply
After that, there’s a shoulder season with plenty of weekend bookings, but once winter hits, things slow down a lot.
Julie Peak
Need advice in a tough market-no buyers
5 October 2024 | 5 replies
My other option is to find a renter for 6 months to help cover the payments over the winter.
Kenneth C.
Post Eviction (Cut Utilities)
4 October 2024 | 12 replies
If I don't pay my bill they have no problem cutting off my heat in the winter or a/c in the middle of a 110-degree heat wave here in Texas!
Josephine Ramesh
North Georgia Mountains - Airbnb
3 October 2024 | 16 replies
Many of the lakes in North Georgia are controlled by the TVA and they drop the lake levels significantly in the winter.
Meghan Begue
Is Colorado's Multifamily Market Still a Good Bet for New Investors?
6 October 2024 | 12 replies
However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.
Alexander Szikla
Multifamily Market Heats Up: Cap Rates Rise, Investors Return
2 October 2024 | 1 reply
Plus winter is coming...
Randy Buff
Are Insurance Costs for Short-term Rentals Going to Surge in FL post Hurricane Helene
3 October 2024 | 7 replies
With reduced supply this could have a positive affect on rental revenue this upcoming winter season for short-term rental owners of homes that were not negatively impacted by the storm.
AJ Wong
🍷Condé Nast: Ten Trips in the US everyone should add to their bucket list ft Oregon
1 October 2024 | 2 replies
Conde Nast Traveler recently announced their 'Top 10 Trips everyone in the US should add to their bucket list' and it features some impressive vacation regions and activities:- Hot Air Ballooning, New Mexico- Bluegrass Trail, Virginia- Visiting Point Dume Malibu, California- Horseback Riding, Wyoming- Airboat tour Everglades, Florida- Winter expedition cruise, Alaska- Spiral Jetty, Utah- Camping In Acadia National Park, Maine/Rhode Island/Massachusetts - Trekking the Bayou, Louisiana - Wine country, Willamette Valley & Napa Valley Oregon/California
Ryan Marble
3 most valuable tips for owning an STR in and around Orlando.
27 September 2024 | 22 replies
I'm looking for somewhere that at the very least, would make a great winter home when I retire in fifteen to twenty years....
Benjamin Carver
Raleigh Housing Update for September 2024
1 October 2024 | 0 replies
Info pulled off MLS directly.Main Message Here: Winter is coming!