Finding Unique Investment Properties in Overlooked Markets
Summary
Bill Faeth challenges the common reliance on STR data tools like AirDNA, arguing that truly unique properties often defy standard data projections. He emphasizes investing in 'super properties'—units that drastically outperform their market through unreplicable features like private lakes, specific views, or strategic proximity to attractions. The video outlines his meticulous 10-benchmark competitor analysis used during due diligence to ensure a property has a significant competitive edge.
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This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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