Top Locations to Invest in Short-Term Rentals in the US
Summary
This article discusses top locations for short-term rental (STR) investments, based on insights from various sources like AirDNA, Realtor.com, Mashvisor, and Lodgify. It highlights the growing demand in unique outdoor markets and emphasizes the importance of 'instagrammable' aspects and cash-on-cash returns. Hosts should research these markets and consider adding value to their properties to increase profitability.
Key Insights
- •Joshua Tree has emerged as a top market to invest in throughout recent years.
- •Unique outdoor markets like Hawaii and Alaska are in high demand for STRs.
Action Items
- ✓Consider adding value to properties, if the location is lacking, to raise prices per night.Effort: mediumImpact: medium
Tools & Resources
- →AirDNA: The article references insights from AirDNA, Realtor.com, Mashvisor, and Lodgify.
- →Lodgify: The article references insights from Lodgify.
- →Mashvisor: The article references insights from Mashvisor.
- →Realtor.com: The article references insights from Realtor.com.
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Curated by Learn STR by GoStudioM