Lake of the Ozarks Short-Term Rental

[Brent Kiger]

Good afternoon BP Community -

I'm a real estate investor in Kansas City, Missouri and currently have a portfolio of long-term rentals. Due to the lack of cash flowing deals, I'm heading to the Ozarks this weekend to look at adding a short term rental to my portfolio. Just curious if the current STR investors at the Ozarks are doing well with the strategy, are having any issues renting their houses, or any other issue that I'm not aware of.

In estimating the gross revenue, it appears a 3 or 4 bedroom house will bring in around $400/night, but of course it won't be rented every night. I'm just a little more hesitant because I know long term rentals so much better and know what units rent for. 

Overall, mainly just trying to see if investors are having an overall good/profitable experience at the Ozarks. Would love to hear any insight, and if I can help in any way with anything in KC, I'm always happy to help!

Looking forward to the discussion!

[Caleb Brown]

We invest in Branson which is close. It has been great. Constantly booked and low maintenance. I would have a PM manage the STR unless you are able to self manage