Short-term Rental Investment Opportunities in Colombia
Summary
This podcast episode discusses short-term rental investment opportunities in Cali, Colombia, highlighting its potential for digital nomads and foreign investors. It covers the pros and cons of investing in Colombia, including financial advantages like earning in dollars while spending in pesos, and emphasizes the importance of risk management, particularly by choosing a great manager.
Key Insights
- •Colombia offers potential for a 10% profit after costs due to its low cost of living and the strength of the US dollar.
- •The podcast episode analyzes STR revenue management challenges and strategies, highlighting the importance of scheduled routines.
Action Items
- ✓Consider investing in STRs in Colombia to take advantage of the favorable financial conditions.Effort: highImpact: medium
- ✓If investing abroad, make sure to find a great manager to eliminate most of the risk if you are not planning on being 'on the ground' with your STR investments.Effort: mediumImpact: high
Tools & Resources
- →EXSTR Apartments: Patrick Spanfelner's units at EXSTR Apartments.
- →The Cali Adventurer: The Cali Adventurer blog by Patrick Spanfelner.
Related News
The Most Encouraging Sign in 3 Years | Dec. 2025 Housing Market Update
This BiggerPockets article discusses the December 2025 housing market update, highlighting a potentially encouraging sign for the housing market with improving affordability due to relatively flat prices and declining mortgage rates. Hosts should pay attention to regional market differences, particularly in Florida and the Gulf region, and consider refinancing if they have mortgages with higher interest rates.
Middle East Leads Global Travel as Live Tourism Fuels Record Growth
The Middle East and Africa experienced an 8% increase in travel growth in November, driven by live events and expanded connectivity. Hosts in those regions may benefit from this travel surge. Consider adjusting pricing or marketing strategies to capitalize on increased demand.
Redfin: The Great Housing Market “Reset” Starts in 2026
According to Redfin, the housing market will "reset" in 2026, leading to improved affordability and a more normalized market. For STR hosts, this may mean a shift in pricing strategies and the need to adjust to potential changes in demand. Stay informed about market trends and be prepared to adapt your approach to maintain cash flow.
Mortgage applications fall 5% despite rate decline
Mortgage applications decreased despite a slight drop in interest rates, and home sales are expected to see modest growth in 2026. Hosts can watch for potential shifts in the housing market, which may affect demand and pricing strategies. Review your pricing strategy for the coming year.