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Are short-term rentals dead?
We've always wanted to buy a short-term rental home, but recently I've been seeing things like AirBnBust. Are short term rentals no longer profitable for new people entering the market?
Asked By Clayton | St John, IN | 174 views | Renting | 9 months ago
Answer(2)
Lisa and Greg Harris
eXp Realty, LLC
I would consult a local REALTOR to get te answer to this for the specifics of the area that you are looking to buy! Here on Lake Murray, SC I have 2 investors that are buying them and having great success! But there are areas, that have fallen under great restrictions and it depends on where they are located and the county or neighborhood rules.
- 7 months ago
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Christina Brooks
Berkshire Hathaway HomeServices Georgia Properties
Hello Carlos. It really depends on where you are hoping to purchase the STR. Many areas have regulations now and you need permits, etc. However, I personally own a STR and we are still doing well. I hope that helps! Best to you.
- 8 months ago
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