Take Tahoe Airbnb Investment

[Matt Smith]

I am interested to invest in a property in Lake Tahoe and do Airbnb. However, I am concerned about the vacancies rate.

- What's the vacancy rate average for 12 months. I know that summer and winter are best;

- Is it typically empty during spring and winter?

- What's the best # of guests to minimize vacancies? Is it best to invest in small apartment or large home to maximize cash flow?

- What part of Lake Tahoe is best to invest for an Airbnb investment? North? South?

Thank you!

[Jason Blum]

Everything depends on your goals with the property. Use it 30% of the time, rent it the rest, cover the yearly mortgage, or rent it all the time, generate cashflow/build equity/bet on appreciation. Lake Tahoe is a great place, lately more so in the summer than the traditional winters due to the drought(which seems to be coming to an end). 

I don't own any vacation rentals, but if I did it would be in locations that have steady attendance. Regardless of weather impact/time of the year.