Description
When you think about short-term rental markets, climate matters—but so do the numbers. In this episode, we dive into the extremes of seasonal and nonseasonal STR markets with a real-life story from Houston to New Hampshire. Why does it matter if you’re in a seasonal hotspot or a steady year-round market? And what are the risks of choosing the wrong one?
We’ll break down top STR markets using tools like AirDNA and the BiggerPockets Market Finder to analyze seasonality, average daily rate (ADR), and occupancy. From the high-revenue potential of football-season towns to the year-round demand in Flagstaff and Shenandoah Valley, find out which markets offer the best balance of returns, affordability, and consistency.
If you’re considering an STR investment, you’ll want to hear how metrics like rent-to-price ratio and affordability percentage can help you pivot, even if regulations shift or demand changes. Whether you’re dreaming of beachside bungalows or cozy cabins, this episode will give you the insights you need to pick a market that aligns with your financial goals.
Keep reading the article here: https://www.biggerpockets.com/blog/best-5-nonseasonal-short-term-rental-markets
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In today’s episode, we dive into the ripple effects of the Federal Reserve’s recent rate cuts on the mortgage market. Despite a much-anticipated dip in rates, refinancing activity has unexpectedly dropped, leaving many wondering what’s really driving these fluctuations.
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Published 11/18/24
Zillow reported that nationwide active inventory was up 22% year over
year in August, although it remained 31% lower than the pre-pandemic
level of August 2019. Meanwhile, new listings grew slightly monthly and
yearly but were 21% lower than the same month in 2019.
In a separate report,...
Published 11/17/24