Short term rental locations?

Question

Hi there! I invest in short term rentals in Oregon and love providing great guest experiences. I have capital to invest and am looking to find short term rental markets in places with better weather. Ideas the come to mind are cocoa beach Florida or lake havasu Arizona. Does anyone work with realtors or investors in those areas? Like many people trying to find places to put capital.

Dwayne Byrd · Answer

I have helped people around Cocoa Beach, FL. all the way down to Satellite Beach and Melbourne Beach Ect. I live in Brevard County, FL which is where Cocoa Beach is.

Kerry Baird · Answer

There may be more answers to be had, more eyeballs on the subject, in the Short Term Rental Forum.

Betty Snowie · Answer

I just sold 2 of my vacation rental properties in Lake Havasu City. I was dealing with some pretty serious family health issues this last summer when vacation rental in our area were blowing up! I couldn't keep up with the activity and still deal with the personal issues. I raised my prices thinking that might dissuade renters, but it didn't. I made lots of money through this activity, but it wore me down. Selling turned out to be the best option for me as sales prices soared and I was able to make over $100,000 for holding that one property for just over 1 year. That was over and above what I earned from the rentals! The second property wasn't as good, but still made decent money on that sale as well.

If you need the name of a local realtor, I have been working with Jon Groth with Coldwell Banker. He has his own vacation rental property, just one, and he is very understanding of the needs of owners.

Good luck with whatever you decide to do!

Tchaka Owen · Answer

@Dean Dutro - I live next to Cocoa Beach.......by next to, I mean I can ride my bike across the causeway. My kid goes to school there (it has the best ES in the county). I am a licensed agent as well as seasoned investor and would be happy to discuss the area. I can't compare it to Lake Havasu as I haven't been there.

Short term rental locations?

Most Popular Reply