Is anyone investing in STR's in Ledyard, CT. I'm very close to diving in and making my for first STR investment, 3-6 months, Markets I've studied and researched are Pigeon Forge, TN and Panama City Beach, Florida, both will be self managed long distance, from NYC, I found a small forum on here that kind of peaked my interest which were properties close to Foxwoods and Mohegan Sun only a few hours from NYC. Makes more since I'm a new "investor" and it would be a bit easier to manage and to learn from. Questions:
1. Is the Market seasonal
2. If seasonal, what’s the average occupancy rate for low season
3. Are the markets Airbnb friendly, or are there many restrictions
That’s all for now. :) thx!
@Lorraine Patterson . Best way to find out is to study 20 neighbors on Airbnb for a couple of hours. Could also search this forum for "Connecticut" I don't believe Connecticut has ever been mentioned in the 3 years I've been a regular.
<---- Vote button please :)
@Lorraine Patterson I am not doing STR in the area but I know a guy by the name of Sean Kennick who is managing STRs in Gales Ferry. I'll pm you his email and you could ask him about it.
Hi @Lucas Carl I looked at at least that many and their calendars are pretty booked up until November, and you are right not much info. On CT on these Forums.... I tried searching and nothing current...
@Mat O'Grady that will be great, thanks!!!!!
@Jeff Ferron will do, and you the same :)