Iv heard of home exchange, but iv also heard people that invest in a luxury airbnb with others and then get some time every year to use it for themselves or with a whole group.

Second home/vacation homes are a luxury and I imagine people starting to sell these and take profits and have less interest to buy at these prices/rates, especially if we officially move into a recession.

This isn't like the luxury listing shows where there's 2 brokers fighting in a restaurant.

However, I was able to get what I was quoted $150k by 3 GC's for around $85k (completely renovated our entire house and made our upstairs super luxurious, including a Mr.

Telluride voted down an option to limit STRs but chose to add a special permit and lodging tax for the purpose of building affordable LTRs.

Also here's an article that talks about luxury apartment complexes that are left vacant or have to reduce price https://pittsburgh.cbslocal.com/2018/03/14/pittsbu...

This is an older unit so after all expenses, this property doesn't cash flow much but is probably in the highest appreciating submarket.My second property is a newly built luxury townhome.

We positioned the property for a luxury buyer and sold it for $360/sf and bought for $232/sf.Zillow Link: https://www.zillow.com/homedetails/5405-Emerson-Dr-Raleigh-NC-27609/6393875_zpidYouTube Link: https://youtu.be/Nul6DWTdfjk What made you interested in investing in this type of deal?

I'm particularly interested in hearing from those who have experience with luxury short-term rentals.

The additional availability of diverse lodging options helps enhance the citys competitive position to attract such events that spark the citys economy and STR guests are more likely than any other visitor to support local business."