The Future of STR’s?

[Mark Page]

If you invest in Short Term Rentals, are you concerned about the future of this type of rental?

It’s like everybody hates us! I have my first in Big Bear Ca, and after only 4 months ( during the slow season) we been able to pay all of our expenses and have made profit! We also just became super host’s on Airbnb!

My concern though is the increasing ordinances cities or states are putting on STR owners. I'm in a resort community so That makes me feel like the city will continue to need us despite their obvious annoyance by STR's. I even heard hotel chains are now starting to try and do their own STR programs to compete!

Thoughts?

Thanks Bigger Pocket Family!

[Avery Carl]

I have concern for STR's in major metropolitan areas, but true vacation rental markets will be fine. Most of the local economies in those markets have been dependent upon short term rentals since well before the inception of Airbnb and VRBO, and before there were computers in every home for the most part.