Looking to invest in short term rentals? Wondering where is the best place to do so? Check out our guide below for some tips!

1. Look for areas that are popular with tourists.

If you want to make a good return on your investment, look for areas that are popular with tourists. These areas will have a higher demand for short term rentals, meaning you can charge more for your property and make a bigger profit.

2. Research the local market carefully.

Before investing in any area, be sure to do your research and understand the local market conditions. This will help you to price your property competitively and ensure that you are making a good return on your investment.

3. Consider the type of property you want to invest in.

There are a variety of different types of properties you can invest in, from apartments to houses. Consider what type of property would be best suited to the area you are looking at and what kind of rental demand there is.

4. Work with a reputable real estate agent.

When investing in any property, it’s important to work with a reputable real estate agent who knows the local market well. They will be able to help you find the right property and negotiate the best price possible.

5. Be prepared for vacancy rates.

It’s important to be prepared for vacancy rates, as this is something that all investors face at some point. Make sure you have enough cash flow to cover any periods where your property is not rented out.

6. Have a exit strategy in place.

Before investing in any property, be sure to have an exit strategy in place. This will help you to sell the property if needed and make a profit on your investment.

Investing in short term rentals can be a great way to make a good return on your investment. Be sure to follow our tips above and do your research before making any decisions. With careful planning and a bit of luck, you could see some great results!

And when you're ready to invest, please feel free to reach out to our team for financing options. We are VERY competitive when it comes to interest rates, loan costs, and closing times!

Use the button at the top of this page to submit your deal; or call us directly at 347-696-0192!