BiggerPockets Real Estate Podcast
Business:Investing
Snowbird season is coming to THESE real estate markets. Every winter, millions of freezing northerners go south, seeking a temporary escape from the cold and to dethaw themselves before returning in spring. And while you may think that most of these destinations are expensive cities, like Miami, there are some cheaper areas that make not only perfect snowbird rental markets, but profitable year-round short-term rental markets as well.
On this BiggerNews, Vacasa’s Kristen Taylor joins us to give her take on the markets with the most demand and the once-popular markets starting to see declines, including a top-rated tourist destination you wouldn’t expect. Kristen shares updated numbers on how long snowbird season lasts, how the typical snowbird is changing, and why snowbird markets can be MUCH more affordable than year-round vacation destinations.
And if you’ve got equity in one of YOUR properties that you’d like to turn into snowbird rental property, stick around until the end. This episode’s Seeing Greene segment will answer the age-old question: what do I do with all my home equity?
In This Episode We Cover:
Snowbird season explained, how long it lasts, and who’s flying south
The top snowbird markets in America (and why some are MUCH cheaper than you’d expect)
Snowbird markets to stay away from that are seeing declining vacation populations
Combining medium-term and short-term stays to make money the entire YEAR (unlike many short-term rentals)
What to do with a property with a LOT of home equity: sell, get a HELOC, refinance, or keep it?
And So Much More!
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8 best Florida snowbird destinations
Book Mentioned in the Show
Start with Strategy by Dave Meyer
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Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-875
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950: The Easiest Way to Invest in Real Estate in 2024 w/Terrence Terrell
949: Seeing Greene: Is Losing $800/Month in Cash Flow Worth $200K+ Equity?
948: 10 Rentals in 5 Years by Buying in Overlooked Short-Term Rental Markets w/Jarrod Tucker and Yiwei Cheng
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946: How to Supplement Your Income with Real Estate (So You Can Do What You Love) w/Juliet Lalouel
945: Seeing Greene: Stolen Properties and Why Your Rate Doesn't (Really) Matter
944: 3 Ways We Find Real Estate Deals Even During the Harshest Housing Markets
943: BiggerNews: Can’t Qualify for Another Mortgage? Try THESE Investor Loans w/Jeff Welgan
942: Building Wealth with OLD Homes and How to Keep Tenants for Longer w/Lisa Field Moore
941: Seeing Greene: Are Home Warranties Worth It & When to Pay Off Debt vs. Invest?
940: Crucial Questions to Ask an Agent and How to Negotiate Commissions w/James Dainard
939: BiggerNews: 100% Financing for First-Time Home Buyers is HERE w/Jeff Welgan
938: Scaling from 0 to 20+ Doors Using These "Self-Management" Tools & Tips w/Amelia McGee and Grace Gudenkauf
937: Seeing Greene: Paying Off Rentals, Estimating Crime, & Replacing Your Salary
936: 4 Ways to Start Investing in Real Estate with NO or LOW Money
935: BiggerNews: Investing with High Rates, Stubborn Inflation, & Low Supply w/Kathy Fettke
934: How to Pay Less Taxes by Buying Real Estate (1 Write-Off You’re Overlooking) w/Brandon Hall
933: Designing for Dollars: 7 Design Tips That Could Double Your Airbnb Revenue w/Erica Dike
932: Seeing Greene: When NOT to Build an ADU and How to Invest $300K
931: How to Build a Real Estate Portfolio from Scratch in 2024
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