Short-term rental investing has been one of the most profitable, fastest-growing types of real estate investing strategies in decades. When the events of 2020 happened, most vacation rental owners thought that their passive income stream had been shut off, only for the exact opposite to happen in a big way. With low interest rates, investors were scooping up short-term rentals every second they could, and their occupancy rates just kept on increasing. But is all of that about to change?
We’re back with another bonus episode of On The Market where Dave does a data-first deep dive into what’s happening with the short-term rental market. From occupancy rates to second home sell-offs, and hotels regaining their prestige—everything you wanted to know about vacation rental investing is packaged up for you in this short-term rental recap.
Dave also gets into the recession data behind short-term rental investing and why some investors might be calling a quits too quickly. And even with interest rates rising, a buying opportunity may be on the horizon for investors who are fast enough!
Dave:
Hey, everyone. Welcome to On The Market. I’m Dave Meyer. In today’s bonus episode, we are going to be talking about a topic that I’ve wanted to explore in depth for quite a while, which is the state of the short term rental market. If you know anything about this industry, you know that it has been absolutely booming over the last couple of years, but as we enter into uncertain economic times and face a potential recession, the question is, “Can short term rentals maintain this growth and what should you do as an investor to best capitalize on current market conditions?” Before we get into today’s topic, I do want to make a quick programming note. Hopefully you’ve been following On The Market since the beginning. We really appreciate it, but maybe if you’re new here, you might also have noticed that we usually only have one podcast per week,…