Insight
Generic suburban rentals are struggling, while unique properties with features like pools or lakefront access, or unique couples' cabins are thriving.
Short-Term Rentals Have a Murky Outlook, But They’re Still the Biggest Opportunity For Cash Flow When Done Right
Summary
The short-term rental market is cooling off as many investors are shifting to long-term rentals, creating an opportunity for disciplined hosts. To succeed, hosts need to treat their STRs like a business, focusing on unique properties, reinvesting in their properties, and building a team.
Key takeaway