Best Cities/States for STR
I'm wanting to get into STR and will probably start out in my own city/state. However, I would like to expand to more populated areas. What cities and states tend to do well year-round? Advice for choosing states for STR? What are some things you all look for or consider? Thanks!
Most Popular Reply
The question is pretty general, but here's my advice:
Look at cities that have large attractions (national parks, vacation destination, etc.), type an active MLS listing address into Airdna.co, and you can see an estimated amount of what the property could make. If you purchase a pro account for Airdna.co, you can also see seasonality, and choose properties that have strong demand year-round.
Lastly, for choosing a property states don't matter as much as choosing the correct city.