Short-Term Rental Investors
Have you ever had the feeling that you can’t catch a break? American homebuyers are definitely starting to feel that way.
Short-Term Rental Investors – Have you ever had the feeling that you can’t catch a break? American homebuyers are definitely starting to feel that way. In addition to rapidly rising interest rates and a lack of affordable inventory, a new potential obstacle makes it harder for them to buy a home — short-term rental investors.
Property in cities like New York, San Francisco and Los Angeles was already notoriously unaffordable. The average home price in Los Angeles is over $1 million. About 25 years ago, $1 million would have bought you a nice house in Malibu in a city where you’d be rubbing elbows with the stars. Now, it buys you a fixer-upper in an emerging neighborhood — if you are lucky.
That’s created a mass exodus, and when people leave these cities, they are flocking towards sunbelt states like Florida and locales on the Gulf Coast. The problem is that the sunbelt was already a popular vacation destination. As more affluent buyers visit these areas, the demand for short-term rental housing goes up. After all, their families and friends need a place to stay when they visit, right?
The Airbnb Effect
Short-Term Rental Investors
When Airbnb Inc. launched as a home-sharing app for vacation travelers who wanted an option more comfortable than hotels, it seemed like a godsend. Suddenly, travelers could rent out an entire house for a week, a weekend or even a month for a price comparable to what they’d pay to be cooped up in a hotel room with none of the comforts of home.
In a classic case of imitation being the sincerest form of flattery, Airbnb’s business model was copied by a number of other companies. It went from the pioneer in house-sharing and short-term rentals to just one operator in a sea of competition. Here’s a partial list of the other nationally recognized short-term vacation rental providers:
7¢ Skip Tracing – Guaranteed lowest price on the market for the best quality data.
Don’t just take our word for it. Try us out by running a small list first to see the tier 1 data for yourself!
🔥Pay wholesale price for quality data
🔥Receive the TOP 3 Phone Numbers
🔥Discover which phone numbers are best
🔥Learn the BEST Time to reach a contact
🔥We can take your old list, grade it and come up with the
🔥BEST NUMBERS to contact
🔥Develop a SNIPER MARKETING Plan
🔥Increase ROI and TEAM MORALE
We have current deals and promotions you can’t miss! Limited time so act now!
Have Questions? Reach out to us, we’re here to help.
Call us at: 866-962-8190
Related News
Skip tracing has become an invaluable tool in the real estate industry, offering professionals the ability to locate and connect with individuals crucial to their business. By leveraging skip tracing services, real estate professionals can streamline their operations, enhance their due diligence efforts, and increase the chances of successful transactions. How Does Skip Tracing Help […]
Batch Skip Tracing Investing in real estate has become a viable way to make a good income and even attain financial freedom. HGTV shows make it seem easy, but the reality is it takes a lot of work and time to find leads that will convert into investments. Batch skip tracing can make the task […]
Invest in Real Estate Without Owning a Single Property Invest in Real Estate Without Owning a Single Property – This REIT nears a quarter century of market-beating returns, and that could be just the start. Real estate has long been a great way for investors to build wealth. That wealth can come both from the […]