BEST AREAS FOR STR's!?!?!?
I have a question for my fellow STR specialists. First thought a story! :-)I recently traveled to Omaha NE and found out the Airbnb I was staying at was clearing $50K/ year!!! (It was a SFH with 4beds and 2 baths). I live in CO and have a friend whom is STR'ing a triplex and is clearing $50K! A triplex vs a SFH!!!! That is Crazy to me how big of a difference between the two properties but getting essentially the same dollar return. :-D
With that context my question is, where are you invested in and what kind of ROI are you getting from your investment (in dollars).
(If you are comfortable please comment answers to these questions below).
- Style of home.
- The ROI in dollar value.
- The city or area where your property is located.
- How you chose that location and what research you did before buying.