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Updated almost 3 years ago on . Most recent reply

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Adrienne Clarke
  • East Moriches, NY
5
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STR friendly areas Northeast

Adrienne Clarke
  • East Moriches, NY
Posted

Hello-

Our primary residence is on Long Island, NY. We purchased a second home in the catskills and used it personally and short term rented. We were very happy with it and then covid hit. We easily found a long term renter and they happily rented for 8 months. We returned to using the home ourselves and short term renting in the fall.

The real estate market exploded up there after covid and we decided to list the house at some crazy price. We really had no intention of selling. Well some person paid our crazy price! We have laid low for a while and are now looking to get back into the market. Well i should say, we are starting to research, prices still seem very high. What I am noticing is that many areas now have strong restrictions for STRs? 

Do any of you have any recommendations for more STR friendly areas? We are hoping to stay within 6 hours of long island.

Thank you!!

Adrienne

Most Popular Reply

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878
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Lauren Kormylo
  • Rental Property Investor
  • Phoenix, AZ and Rehoboth Beach DE
1,045
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878
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Lauren Kormylo
  • Rental Property Investor
  • Phoenix, AZ and Rehoboth Beach DE
Replied

There have been some posts here about the Catskills and where to buy, here are the search results:  https://www.biggerpockets.com/...

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