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Jason Redeker
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17
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STR/AirBnB in Lake Geneva WI

Jason Redeker
Posted

Looking into the Lake Geneva (Wisconsin) area for a STR/AirBnB property. I have a few questions:

Does anyone have any experience with STR in lake Geneva and how are your occupancy numbers in the Summer vs winter?

I have looked into AirDNA and AirBnB estimates and I want to know how much stock I can take with their estimates?

Are you listing in just AirBnB or VRBO or both? 
thanks in Advance.  
Jason. 

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996
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Corina Eufinger
  • Rental Property Investor
  • Oconomowoc, WI
431
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996
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Corina Eufinger
  • Rental Property Investor
  • Oconomowoc, WI
Replied

Lake Geneva tends to be fairly strict with their STR rules. Mostly because they have a lot of resorts and hotels that work to "lobby" the municipality together and keep Airbnbs to a minimum. Lake Geneva has a license requirement for Airbnbs which will make it difficult to skate under the radar. Also keep in mind that at least the time I read the rules an owner had to reside within X number of miles of the city and if they didn't they had to hire a local PM. Not sure if this has changed in 3 years or not.

I would consider looking at Door County or the Lake Country area instead.  

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