It should be said that despite all the resistance and discourse surrounding STR's (which we won't get into here) it's important to remember that this is still a relatively new area for real estate.

Surrounded by deals, build up your arsenal so you not only have the knowledge to take action, but the resources both from a capital and a human power standpoint to capitalize on the situation.

It's also great to surround yourself with like minded people to keep you on the correct path.

I bet there is a lot of call for nice student housing in the area surrounding CU Boulder.

However, generally there are several active listings of actively licensed or operated STR's in Rockaway Beach and the immediate surrounding area. 

Housing in Portland and surrounds has also skyrocketed - and those pricing waves are also moving out in concentric circles.  

Recently, I have been doing research into new construction and there seems to be so much information surrounding this topic.

Currently I list it on AirBnB when I am out of town, and previously I had questioned this purchase because of all the negativity surrounding condos on BP.

This significant increase reflects the rapidly appreciating real estate values in the Woodland Hills area of Los Angeles over this period.The search results also note that the property underwent some renovations, such as a remodeled kitchen with high-end appliances, which likely contributed to the higher selling price in 2024 compared to 2016, , the property value of 22757 Charlemont Pl in Woodland Hills appears to be higher than many similar homes in the surrounding area, but is generally in line with the rapidly appreciating real estate market in this neighborhood.Here are some key comparisons:The sale price of $1,857,500 for this 2,730 sq ft, 5 bedroom, 4 bathroom home in June 2024 equates to around $680 per square foot.The median sale price per square foot for homes in the Woodland Hills area in April 2024 was $638, up 9.7% from the previous year according to Redfin.

I'd recommend researching areas to see that they have:- Low unemployment- High demand for housing - relatively low inventory- local job creation/booming local economy- high avg/median income- increasing population- low average days-on-market (DOM)- history of rent and property value increases YOY- low crime- highly-rated schools (or above average)I'd compare the target neighborhood to surrounding neighborhoods and/or nearest metro areas.