Short Term Rentals in Southern VT

[Joe Lengfellner]

Hi all!

I've been interested in real estate investment for several years, finally now making the plunge. The first thing I'm exploring are short-term rentals. I hope to try out different markets, but the first area of interest is the Southern Vermont ski areas, mainly because I'm familiar with them and already own a property there. I'm finding properties of interest are under contract before I even know about them! Is this just par for the course, or is there some trick I don't know about?

Happy to hear from anyone that has advice or wishes to connect. I'm looking to grow my network and learn from the experts on this forum. Thanks for reading! 

[Anna Antipkina]

Quote from @Joe Lengfellner:

Congrats on your closing, @Chris Wells! Good luck! Would love to connect sometime.

I appreciate the tips, @Kyle Kershner. I'm glad to hear that you and others have a practice of leaving properties on the market for a least a few days. Seems like a win for both buyers and sellers. I'll admit, I was starting to feel some pressure that I was going to have to buy sight unseen. I have started working with one buyer agent that has setup an automated search for me, good to hear I'm on the right path. 

Hi Joe. I know your pain. I've been watching the market daily around Okemo Resort for the past 8+ months and just now I'm under contract and only after seeing a slow down in the $600K+ price range. Got outbid a bunch of times before I extended my budget just to be able to get in. Found a great property in the end, luckily. If you're still interested in the area, let's definitely connect!