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Short-Term & Vacation Rental Discussions

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Alice Smith
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What's a right house for STR

Alice Smith
Posted Jul 17 2022, 23:15

Hi everyone, 

Newbie to STR here. So I narrowed down my market already and am starting to go to open houses. When you go to open houses, how do you decide if it's the right house for STR (after the numbers make sense)? For example, if I were choosing a house I'd live in, usually one house just clicks with me vs the others, aka, there is certain styles of kitchen I like etc and certain location in a neighborhood( not facing the main road and not at the entrance of the community bc I don't like noise etc). How important are these things for STR? I'd imagine with a renovated kitchen the nightly rate can probably be higher than a basic old kitchen. But what about noise level? Would people mind that much? And is there a kind of style of house that would work better than others(not planning to renovate myself)? Market is a suburb.

Thanks!

Alice

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