Top Locations to Invest in Short-Term Rentals in the US (Ep457)

Top Locations to Invest in Short-Term Rentals in the US (Ep457)

Plenty of markets have emerged as large players since the start of the Covid-19 pandemic. With the ability to work remotely, more people are expanding outside of major cities and looking for short-term rentals (STRs) in lower-traffic areas.

So what are the top locations to invest in for rental property owners?

Tia Castle is a real estate coach, crypto agent, and the Founder of CastleLux Rentals, a boutique vacation rental management company that focuses on family-oriented properties.

On this episode of Get Paid for Your Pad, Tia returns to the show to join me in discussing the top markets where STR owners can get the best return on investment.

We share our insights on articles from AirDNA, Realtor.com, Mashvisor, and Lodgify on where listeners should be looking for cash-on-cash returns in 2022.

Listen in as Tia and I discuss why unique outdoor markets are thriving, how to add value to properties if the location is lacking, and which markets we believe may continue to be on the rise in the coming years.

Topics Covered

Tia’s experience briefly hosting and producing a lifestyle real estate TV show

Tia’s insights on articles from AirDNA, Realtor.com, Mashvisor, and Lodgify on the top places to invest in vacation rentals for cash-on-cash returns

Why unique locations, like Hawaii and Alaska, are in high demand for STRs

Why Joshua Tree has emerged as a top market to invest in throughout recent years

The importance of having “instagrammable” aspects of your STR locations

The difference between a capitalization rate and a cash-on-cash return

Tips for adding value to the properties that can raise their prices per night

Connect with Tia

Tia’s Website

Tia on LinkedIn

Tia on Instagram

Resources

Get Paid for Your Pad Email List

Legends X Short-Term Rental Accelerator

Subscribe to GPFYP on Apple Podcasts

Email jasper@getpaidforyourpad.com

Castle Lux Rentals

Tia Castle on EP442: From Masterleasing to Managing Short-Term Rentals in Sarasota

Mashvisor Article on Best Cash-on-Cash Return by City

Lodgify List on Best Vacation Rental Property Markets in 2022

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