First published at 00:26 UTC on May 15th, 2024.
Jason Hartman, accompanied by a local market specialist and client at Gulf Shores, Alabama, discusses the promising short-term rental market. They highlight Gulf Shores' affordability, limited construction space, and soaring demand, driven by i…
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Jason Hartman, accompanied by a local market specialist and client at Gulf Shores, Alabama, discusses the promising short-term rental market. They highlight Gulf Shores' affordability, limited construction space, and soaring demand, driven by its acclaimed beaches and supportive city regulations. They delve into property specifics, such as "gold fortified" construction for hurricane resilience, ample parking, and storage. They emphasize maximizing occupancy through versatile bedroom configurations and amenities like outdoor showers. With an 80% annual occupancy rate and potential for robust cash flow, Gulf Shores presents an attractive investment opportunity, particularly compared to neighboring Orange Beach's more competitive condo market.
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Key Takeaways:
0:00 Investing in Short Term Rentals in Alabama
2:30 Peak and non-peak seasons
4:46 Short-term rentals vs. Mid-term rentals
5:25 Know the Months
8:15 Property details
13:55 Client feedback
14:49 Management fee
16:01 A better investment
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