Bought first property in August 2020. Bought second property in January 2022. Already on the hunt for a third unit when the right deal comes along!
What kind of numbers do you look for in a short term rental? My rule of thumb is an average nightly rate of .1% of purchase price. So far we have stayed under $175k with each place and for 2021 averaged $178 per night with 63% occupancy for the year.

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