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Updated about 3 years ago on . Most recent reply

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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AirDNA: 7 Short-Term Rental Myths Debunked

Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Posted

via AirDNA

https://www.airdna.co/blog/7-s...

Myth #1 - Popular vacation destinations or bust.

Myth #2 - The ROI on STRs isn’t what it used to be.

Myth #3 - There’s a high barrier to entry.

Myth #4 - STRs are a full-time job.

Myth #5 - Regulations take the R out of ROI.

Myth #6 - Seasons change, so should you.

Myth #7 - Hotels are the arch nemeses of short-term rentals.



Thoughts?  Agree or Disagree with any?

  • Robin Simon
  • [email protected]
  • Most Popular Reply

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    Don Konipol
    #1 Innovative Strategies Contributor
    • Lender
    • The Woodlands, TX
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    Don Konipol
    #1 Innovative Strategies Contributor
    • Lender
    • The Woodlands, TX
    Replied
    Quote from @Robin Simon:

    via AirDNA

    https://www.airdna.co/blog/7-s...

    Myth #1 - Popular vacation destinations or bust.

    Myth #2 - The ROI on STRs isn’t what it used to be.

    Myth #3 - There’s a high barrier to entry.

    Myth #4 - STRs are a full-time job.

    Myth #5 - Regulations take the R out of ROI.

    Myth #6 - Seasons change, so should you.

    Myth #7 - Hotels are the arch nemeses of short-term rentals.



    Thoughts?  Agree or Disagree with any?

    The article is from Airdna.  It basically states that everything negative being said about the STR business is wrong, or at least much less of a problem - negative than believed.  And since their business depends on INCREASING the number of people investing in STR, there is a clear bias.  Expecting anything close to a impartial analysis of the future of STR in a semi disguised publicity plug by an industry service provider is like expecting the National Association of Realtors to put out a statement that home prices are over priced and at an unsustainable level and that everyone should put off home buying for the foreseeable future.LOL.  Right.  I remember NAR issuing a statement when mortgage interest rates hit 14% in 1981 that now was the time to lock in those low double digit rates.  
    Bottom line isn’t whether you agree or disagree; the articles reasoning, methodology and conclusions are predetermined and biased, so the article is beyond useless.  Much like a NAR statement of whether or not it’s a “good” time to purchase a home.  
    • Don Konipol
    business profile image
    Private Mortgage Financing Partners, LLC

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