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Short-Term & Vacation Rental Discussions

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Lorraine Patterson
  • Rental Property Investor
  • Queens, NY
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94
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STR investing in Connecticut

Lorraine Patterson
  • Rental Property Investor
  • Queens, NY
Posted Jul 31 2019, 05:35

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!

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