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All Forum Posts by: Michael O'Hanlon

Michael O'Hanlon has started 1 posts and replied 2 times.

Thanks for your thoughts, John. In the particular market I'm looking in there is only 1 proven concept, but that property is owned/operated by a (small, but well established) Philadelphia Hospitality Group. 

Hi all! 

I'm curious if anyone has any insight or thoughts on purchasing an investment property to leverage as an Airbnb or STR, but...

HERE IS THE CAVEAT: I'm particularly intrigued by this shift in travelers/STR interest in "remote" or "off-the-grid" type locations that are NOT in an established/developed destination town.

I've discovered some highly successful remote examples that all seem to have similar qualities: 

- Located within 1-2 hr of a large metropolis area on a very secluded lot

- Attractive Architectural Design Elements (Think a "Trendy" Scandinavian A-Frames)

- Strong Social Media Presence & Strong Market Plan 

I understand this idea a little more Conceptual compared to other Airbnb models, so I'm curious if anyone has any insight here. 


I also recognize a need for a full Marketing component to help get a remote property 'On the Radar' of Airbnb'ers and STR folks (pun intended).

Any thoughts are greatly appreciated! 

Cheers,

Michael