Knowing what works as a short-term rental in your area is key to helping an investor succeed. And if it works for them the first time, they will come back again and again to find more properties.
Your research into what is successful and what is less so can make the difference between full occupancy and a delighted owner, and disappointment and no referrals.
Single Family Homes – Villas, Cottages, Houses, Cabins.
Town-houses – Terraced House
Traditional condo communities vs Condo hotel communities
Everything else
There’s been growth in all types of accommodation since Airbnb began and just about anything that can be classed as overnight accommodation can have rental potential.
This makes vacant land attractive to investors who may have limited funds, so make sure they are aware of restrictions on operating a STR to avoid unpleasant surprises later on.