Updated over 8 years ago on . Most recent reply
Gardiner, Montana, Gateway to Yellowstone
Good Afternoon!
Thank you for reading my post! Gardiner, Montana, gateway to YS is Good place to invest in a vacation rental? I was looking at a small 2 br house, 1931, total fixer but downtown. Overpriced ($175k). Still a good place? Im from California so I was wondering about winter problems, concerns as well??? I love Montana but not sure about investing?? Heard that Boseman or Livingston are good places to invest? Thanks kindly!
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- Real Estate Broker
- Cody, WY
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As an investment, long-term rentals produce a better return with less headache. There are exceptions but Montana isn't one of them.
I live in Cody near the east entrance to Yellowstone. I used to manage 70 vacation rentals and none of them produced as much income as they would have as a long-term rental and the work required was significantly higher. Even owners that live locally and manage everything themselves still don't make much more and the extra effort required is ridiculous.
- Nathan Gesner
