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13 December 2020 | 2 replies
You want to understand the demographics like the employment base, tourism, and get to know the neighborhoods so when a listing comes up (or off market deal) you know right away where it's at and what that neighborhood is like.
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24 January 2021 | 20 replies
And case in point, tourism in Colombia is booming.Don't believe all that you read.
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9 April 2021 | 42 replies
I have been posting a monthly market update with specific numbers so feel free to check it out here: https://www.biggerpockets.com/topics/892134 The pandemic has impacted tourism and work travel which tends to be strong in KC.
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15 July 2021 | 49 replies
There are up and comers but the fundamentals for market tourism, regulations, ADR/occupancy curve, property prices could potentially just be a set of different pros and cons.
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6 January 2021 | 1 reply
Greeting everyone and thank you for taking the time to read this posting.I am new to the MHP asset class but absorbing the loads of information on biggerpockets.I came across the below deal and think its very intriguing, but I believe I'm being to optimistic and looking at these figures with blinders on.This park is in upstate NY known for Summer tourism.
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9 January 2021 | 12 replies
A lot of businesses in the STR are struggling right now with tourism being down.
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13 January 2021 | 11 replies
How do you think the expansion of Jack Edwards airport will help tourism (and our short term rentals)?
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8 March 2021 | 17 replies
I believe that is when the vaccine should be available to everyone - I read that here: https://www.cnbc.com/2021/02/19/dr-fauci-healthy-young-people-can-be-vaccinated-by-the-end-of-summer.html(Note: not attesting to the accuracy, just referencing)Regardless I think by then better weather will help on all fronts : gig and tourism economies, travel, …general freakin morale maybe too?
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10 March 2021 | 6 replies
If you want a successful short term rental, it has to be in an area with consistent tourism which the Myrtle Beach area is good for, but I don’t think too many people are going to want to stay a 25 minute drive from the beach.
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14 March 2021 | 1 reply
Several reasons for this.There is an abundance of inventory available for prices far below what you can build a new property for.Tiny houses are going to dramatically reduce your pool of interested buyers and tenants.Short term rentals work best in vacation destinations with a lot of tourism.