The best places to own a vacation rental property in 2019:
looks at the “Ultimate ROI" question: “When buying a rental property, for investment purposes, what are the best markets?”
The criteria pointing to short-term rental profitability include real estate prices, local vacation rental rates, insurance, taxes, maintenance expenses and the popularity of a tourist destination. “The Southeast did extremely well this year, especially in non-luxury markets like the Smokey Mountains. There they have very friendly short-term rental regulations, it’s a four-season market and a five-hour drive from several major cities,” explains Andrew McConnell, CEO of Rented.com.
Florida came out on top of the list as the state with most destinations at 19. Surprisingly, California came in with 13 destinations, though because of high real estate prices, there weren’t any ranking higher than 44 on the list of 150. Texas hit the number three spot with 9 cities. Areas with a milder winter usually mean a longer tourist season.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Best Places To Own A Vacation Rental Property In 2019Rented.com's 4th annual short-term rental report looks at the potential for the best ROI at vacation destinations around the country.
Read more »
Best Whiskey: How Bourbon Dominated The 2019 San Francisco World Spirits CompetitionWho won Best in Show, Whiskey, at the San Francisco World Spirits Competition? One judge tells the story of the 2019 winner.
Read more »
The Best Electric Toothbrushes of 2019There’s not a tremendous difference between most electric toothbrushes, according to reviewed
Read more »
5 Best Bluetooth Earbuds And In-Ears Of 2019The 5 best bluetooth earbuds and in-ears of 2019: ForbesFinds
Read more »
World's best airport for 2019 revealedSkytrax announces its annual list of the world's best airports. No. 10 is Zurich Airport in Switzerland. What nine airports rank even higher?
Read more »
The Best Budgeting Apps In 2019
Read more »
The 12 Best Watches (And One Genius Smartwatch) From Baselworld 2019From Rolex and Patek Philippe to Bulgari and Chanel, timeless timepieces from the world's biggest watch show.
Read more »
The 12 Best Watches (And One Genius Smartwatch) From Baselworld 2019From Rolex and Patek Philippe to Bulgari and Chanel, check out the timeless timepieces from the world's biggest watch show: by Mister_Solomon
Read more »