Updated over 4 years ago on . Most recent reply
How to pick a profitable STR location?
I'm ready to buy a STR, and I expect to manage it remotely. What resources did you all use to find profitable US locations, beyond AirDna? I know how to calculate profitability using the Enemy method, and I know I'll have to research legislation, but identifying a high cash flow area is overwhelming.
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Luke Carl
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
Check Airbnb for areas in which they collect and remit your local taxes for you. Pretty safe bet!