Q33: Where should I look to buy my vacation rental investment property?
“You get buyers out of the Northeast investing in beach homes down south and flying out every week...”
On this episode we talk to Andrew McConnell CEO at rented.com, a vacation rental market data & consulting firm based out of Atlanta, Georgia - to get a pulse on where the smart money is going in terms of second-home and investment property buyers looking at the various options between more traditional vacation rental markets and city markets. See the company’s recent 2019 U.S. rankings on best places to buy a vacation rental. Urban-market focused property management brands like Sonder and Lyric are raising big institutional investment rounds, but Andrew sees places like Pigeon Forge, Tennessee a better long-run bet for individual buyers.