STR/AirBnB in Lake Geneva WI
Looking into the Lake Geneva (Wisconsin) area for a STR/AirBnB property. I have a few questions:
Does anyone have any experience with STR in lake Geneva and how are your occupancy numbers in the Summer vs winter?
I have looked into AirDNA and AirBnB estimates and I want to know how much stock I can take with their estimates?
Are you listing in just AirBnB or VRBO or both?
thanks in Advance.
Jason.
Most Popular Reply
Lake Geneva tends to be fairly strict with their STR rules. Mostly because they have a lot of resorts and hotels that work to "lobby" the municipality together and keep Airbnbs to a minimum. Lake Geneva has a license requirement for Airbnbs which will make it difficult to skate under the radar. Also keep in mind that at least the time I read the rules an owner had to reside within X number of miles of the city and if they didn't they had to hire a local PM. Not sure if this has changed in 3 years or not.
I would consider looking at Door County or the Lake Country area instead.