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25 February 2021 | 11 replies
Stick to areas that appreciate and support tourism. 1031 now while you can.
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20 May 2023 | 22 replies
This will be a brand new property, I have plans to hire an interior designer to make it irresistible for tourism.
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19 April 2023 | 17 replies
Any STR in the middle of the city with good access to 410 should have less seasonality than in areas more sensitive to tourism (like the areas I just mentioned).
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17 August 2019 | 9 replies
Savannah brought in about 3 billion dollars from tourism last year, with approximately 14 million people visiting.
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16 December 2020 | 10 replies
If your goal is to scale and build a business, I'd go with the Tennessee or North Carolina side of the mountains, as their tourism traffic is much higher and in turn, returns are much higher.
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21 July 2019 | 49 replies
My other 23 properties have been converted to STRs for refinery workers.There is no tourism in this town.
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22 May 2019 | 10 replies
There's no tourism, just lots of drugs, crime and unemployment.But there is a big petrochemical refinery here.
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26 June 2019 | 31 replies
Florida struggled because of the hit to tourism.
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14 December 2022 | 14 replies
HUGE impact on your exit options as an investor).All of this said, there are some "towns" in NY state that have historically been dependent on tourism and are very unlikely to limit/ ban STRs.
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24 February 2023 | 43 replies
However, looking back to the Great Recession Florida tourism was down about 10-13%.