712: Has the Short-Term Rental Goldmine Run Dry? w/AirDNA’s Jamie Lane

BiggerPockets Real Estate Podcast · Jan 10, 2023 · 58m

Short-term rentals can be categorized, at least at a surface level, as the “easiest” investments of 2021 and 2022. With low interest rates and a surge of post-pandemic tourism, new hosts were buying homes for cheap monthly payments, throwing some furniture in them, and making a six-figure return within a year of owning just one property. Naturally, this led more and more hosts to start building bigger vacation rental empires, buying as many properties as possible and inflating prices as a result.

But, the boom in BnBs caught on quickly, and more investors began tackling the same strategy…