
436 - Choosing the Right Short-Term Rental Market to Invest in by Avery Carl
BiggerPockets Daily
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Introduction
Short term rentals are a relatively new strategy when it comes to real estate investing. You'll begin by researching and analyzing factors like the average occupancy rate, price per night and cost of properties in the area you're evaluating. Don't just buy a place close to riggley field that will pay for itself because you're a giant cub's fan. A random strategy yields random results. As a serious investor, you must do the proper research to choose the best market in which to invest based on data and historical information. There are three corpes types of s t r markets, metro markets, national fly to vacation markets and regional, drive to vacation and leisure markets.
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