Dec 23, 2019
We are continuing today with our year- end series on “Best Places.” Today we discuss the best places to own a short-term rental. AirBnB is the dominant player in the short term rental provider, but we should also mention VRBO, Vacation Rentals By Owner, and a variety of other AirBnb Competitors. In fact I’m going to share a list of them with you and try to list the distinctive differences, if any. But make sure you pay attention to the news. AirBnB is getting hammered in some cities, who in spite of their rhetoric seem to have found another revenue stream for themselves.
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Announcements:
- We normally meet every Wednesday and Thursday but we are done for the holidays. No meetings in December.
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm.
News:
Airbnb has removed thousands of listings in Boston as new rule takes effect ahead of the company’s presumed IPO next year
FHA Loan Limits Are Increasing in 2020
https://magazine.realtor/daily-news/2019/12/06/fha-loan-limits-are-increasing-in-2020
6 Global Tech Startups to Watch in Real Estate
https://magazine.realtor/daily-news/2019/12/10/6-global-tech-startups-to-watch-in-real-estate
Cash-Out Refinancing Jumps; Homeowners Tap $36B In Equity
Know In Which Real Estate Market to Inves
Alternatives to AirBnB
https://www.tripping.com/industry/rental-companies/9-airbnb-competitors-that-you-should-know-about
https://www.curbed.com/2016/12/13/13933554/airbnb-vacation-rental-alternatives
Topic: Best Places for AirBnB
Best Cities to Buy Airbnb Investment Property
https://www.ipx1031.com/best-cities-to-buy-airbnb-investment-property/
Where Investors Are Taking Advantage of Airbnb 2019
The Most Profitable Airbnb Cities In The U.S.
Airbnb Bliss: Top 10 Cities Where Vacation Rentals Rake in the Most Cash
https://www.realtor.com/news/trends/10-best-cities-to-own-an-airbnb-rental-property/
SHORT-TERM RENTAL STRATEGY: BEST CITIES FOR AIRBNB RENTAL INCOME
https://www.mashvisor.com/blog/best-cities-for-airbnb-rental-income-2019/
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Motivational Thoughts for the day
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"How many times have you noticed that it's the little quiet moments in the midst of life that seem to give the rest extra-special meaning?" -Mr. Rogers