Looking for Short Term Rental investment - North/East US

Chittenden County, Vermont
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Looking for Short Term Rental investment - North/East US

Martina Kuel
Member since 2024 · 2 posts · 1 vote

Hello everyone,

I am new here and we are looking to invest in short term rentals in the US. We are living in Canada (Montreal) and have North Eastern US in mind for now. 
Vermont/New Hampshire/Maine. We use AirDNA and have done some research in the most popular areas, found it to be very $$ and real estate is not always largely available. Ideally we would like to do rental arbitrage but are also looking into buying. 

Does anybody have any experience in investing in these states and can share some insights? 

Much appreciated! 

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Morgan Gutierrez
Wholesaler · Texas, USA · Member since 2022 · 139 posts · 40 votes
2y

Since you are out of state, are you looking for these to be turn key properties? If so you could look up the area you are interested in followed by turn keyy and see if there are any companies providing that service. 

You may also want to call some STR property managers in the area and get insight from them on areas, deals, things to expect, etc. They may also be able to help you find a rental arbitrage property.

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  • Jason WrayPro Member
    Banker · Nationwide · Member since 2020 · 2k+ posts · 1k+ votes
    2y

    Hi Martina,

    A few places come to mind based on your run down of what you are looking to accomplish. Have you ever been to or looked into North Conway, NH. Great location for STR for all year round bookings the White Mountains offers a unique location. Great for summer time camping, white water rafting, hiking, fishing multiple lakes, and ATV.

    Winter comes around and you have WildCat, Bretton woods, Waterville, Loon, Pats peak all of these are ski/snow board, tubing mountains, Great shops in the town along with great food, bars and annual events. If you time it you can find a great deal as more people move out or family put their homes up for sale. You also have several people who retire and move south to get away from the snow.

    [email protected]727-637-4289
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  • Robin SimonBusiness Member
    Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
    2y

    Hi - I'd recommend reaching out to Dave Menapace - hes a Realtor / Investor/ STR host and manager in New England and should be glad to assist!
    M: 508-277-7716 Realty Executives Boston West21 Central Street
    Holliston, MA 01746

    [email protected]
    Harpoon Capital514 Reviews
    WebsiteView Page
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  • Morgan Gutierrez
    Wholesaler · Texas, USA · Member since 2022 · 139 posts · 40 votes
    2y

    Since you are out of state, are you looking for these to be turn key properties? If so you could look up the area you are interested in followed by turn keyy and see if there are any companies providing that service. 

    You may also want to call some STR property managers in the area and get insight from them on areas, deals, things to expect, etc. They may also be able to help you find a rental arbitrage property.

    1Reply
  • Martina Kuel
    OP
    Member since 2024 · 2 posts · 1 vote
    2y
    Thank you all for the great input, its so helpful. We'll take a look at North Conway and also reach out to the contacts you suggested. Great ideas, glad I came to this site
    0Reply
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