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6 October 2024 | 26 replies
Northern VT) due to its proximity to NYC, RI, and other points south.
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3 October 2024 | 10 replies
I'm Jaden, and I’m an investor focusing on small multifamily properties in South Central/Southeast NC.
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3 October 2024 | 3 replies
I am in the south suburbs.
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4 October 2024 | 9 replies
I'm in Ohio - it can seem boring sometimes but I look at it like a base, the weather can be bipolar in the winter and spring but no natural disasters happen here that don't let me sleep like a dog at night, I travel south a lot too during the winter months here.
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3 October 2024 | 8 replies
I see a bunch of people in Boston and South of Boston on this forum and was wondering if there is anyone North of the city.
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4 October 2024 | 7 replies
One thing I will tell, south Florida is expected to keep growing.
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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.
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2 October 2024 | 2 replies
Big Money investors buying all kinds of property south of downtown and West of downtown in design district.
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3 October 2024 | 17 replies
I've also just bought my first property with mid South turnkey, and it just closed.
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1 October 2024 | 6 replies
I currently invest in northern Indiana (South Bend area) and I am looking to start in the Indianapolis area.