Episode #1 Question I Get – What are the most profitable locations to purchase Vacation Rentals?

The #1 Question I Get – What are the most profitable locations to purchase Lifestyle Assets? There is no perfect area or property type. There are usually multiple opportunities in every market. The better questions to ask is, How do I identify the best opportunities within a specific area? There is not a One Size Fits All, but there are ways to identify if a particular property or location will be a good investment. There is not one Data Source that tells the whole story . 1. Start with Location - Pick an area you like - Identify the profit drivers in the area - Where are people coming from - What local attractions and events bring visitors - Is the area seasonal or year round - What do the occupancy and rental rates look like in the area . 2. Identify Property type - Riches are in the Niches. - Stay in your lane - Purchase what you know . 3. Understanding Different Neighborhoods - Neighborhood Demographics - HOA and Municipal Regulations - Purpose Build Communities VS Traditional Communities. Cross check all your data with all of your software tools and your dream team. . The Lifestyle Asset University and the Empire Club was formed to introduce you to the proven processes in Acquisition, Management and Marketing of your Lifestyle Assets. . Lifestyle Assets are more than just short-term vacation rentals. Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle and Financial Freedom for you and your family. . For more content and expert advise, visit www.LifestyleAssetUniversity.com