Finding these locations where you can invest in real estate without suffering the losses of an offseason is not easily done! Many real estate investors of all ages and experiences have not been able to hack the cycle of offseasons. Of course, any real estate investment property is destined to make less rental income during low-seasons and make up for the losses and negative cash flow by raising prices in peak seasons. If you’re looking for the best Airbnb locations, consider looking for locations that have no offseasons like the ones listed below.
Best Airbnb locations with no offseason
Las Vegas, Nevada
The city of bling-bling and gambling amateurs! The city offers a vice that none can resist any day of the year. Note that Las Vegas is among those few cities and real estate markets that have managed to bounce off the wall with no offseason. Let’s take a look at the versatile Las Vegas real estate market:
- Median Property Price: $410,426
- Airbnb Cap Rate: 3.55%
- Traditional Cap Rate: 1.9%
- Airbnb Rental Income: $2,478
- Traditional Rental Income: $1,348
Investing in real estate in Las Vegas is a great investment opportunity and any investor, whether beginner or seasoned, will tell you that. You can consider buying single-family homes or multi-family properties and it will work for your real estate investment portfolio. Keep in mind that many first-time property buyers have gone into the real estate investment business by buying a loft or a condo and renting it out as an Airbnb rental. Las Vegas remains among the best Airbnb locations for now and for a long time to come!
New York City, New York
New York City! The land of fashion, money, and real estate. Ahh, New York! To be a real estate investor in New York City or not to be! It’s definitely among the highest appreciated and valued real estate markets in the US housing market altogether! With property prices easily exceeding millions, you can become a real estate investor in New York City, but it comes with a hefty price tag! To stay on topic, New York City is among the few cities in the world that has no offseason! Whether it’s Christmas or the 4th of July, New York City will always be a destination for both domestic and international tourists. Here’s what to expect when investing in New York City:
- Median Property Price: $1,116,899
- Airbnb Rental Income: $3,382
- Traditional Rental Income: $2,839
With real estate stats and figures that can make any real estate investor pleased, the City Council is trying to regulate Airbnb properties in NYC by limiting the number of listed properties to only one per host. The regulation has not been enforced yet and Airbnb is most likely going to take this to court. For more information on Airbnb New York, read this blog post: The War on Airbnb New York 2018.
Miami, Florida
Moving south to the sunny beaches of Miami can give any real estate investor a whole new perspective on real estate investing! Leaving a big metropolitan city that thrives on business and fast-paced individuals and going to the relaxed luxuries of real estate in Miami, it just hits the spots! Florida has many cities that have no offseason as people continuously book Airbnb rentals year-round! Here’s why Miami real state is among the best Airbnb locations in the US real estate market:
- Median Property Price: $640,540
- Airbnb Rental Income: $3,161
- Traditional Rental Income: $2,567
Only in Miami, real estate investors can rent out apartments, single-family homes, and even vacation home rentals to Airbnb guests year-round with no effect on their pricing strategy! Consider using Mashvisor’s property finder to find real estate investments in Miami within your price range by clicking here.
Honolulu, Hawaii
The capital of Hawaii is having a real estate market blooming season that never really stopped! With real estate prices and values rising to the top, real estate investors opted for Honolulu to go for out-of-state real estate investing! With no offseason and an intriguing location for travelers, Hawaii still has plenty to offer real estate investors, and here’s why:
- Median Property Price: $939,665
- Airbnb Cap Rate: 4.08%
- Traditional Cap Rate: 2.4%
- Airbnb Rental Income: $4,065
- Traditional Rental Income: $2,650
Many successful real estate investors have gone to Honolulu for their next real estate adventure! It’s among the best Airbnb locations to invest as you can generate a substantial cash flow and rental income year-round. Additionally, real estate investors who choose to invest in Hawaiian real estate can benefit from the substantially low property tax rates that Hawaii offers!
If you’re looking for states with low property tax rates, read this blog post: US Housing Market 2018: Highest and Lowest Property Tax Rates by State.
San Francisco, California
The San Francisco real estate market was listed among the best Airbnb locations in early 2018! On the other hand, San Francisco real estate is being affected by city council regulations. If you’re a real estate investor residing in San Francisco permanently, you can rent out investment property as long as you reside in it 275 days a year! This regulation is not in full motion yet, but you must prepare your investment properties in order to maintain the same level of rental income when it’s enforced! Here are some San Francisco real estate facts derived by Mashvisor’s Airbnb profitability calculator:
- Median Property Price: $1,518,938
- Airbnb Cap Rate: 2.18%
- Traditional Cap Rate: 1.8%
- Airbnb Rental Income: $6,362
- Traditional Rental Income: $4,581
For a versatile real estate market like San Francisco’s, you can easily notice the high rental income generated by both traditional long-term rentals and short-term rentals. So, if you’re investing in Airbnb rentals in San Francisco to make money in real estate, you can easily turn your rental strategy into a traditional one and still be making money in real estate!
Little Rock, Arkansas
The city of Little Rock, Arkansas is the perfect example of a versatile location with no offseason. It’s among the best Airbnb locations with no offseason as it offers moderate weather and a little entertainment on the side. Let’s take a look at Little Rock real estate data:
- Median Property Price: $273,547
- Airbnb Cap Rate: 2.3%
- Traditional Cap Rate: 1%
- Airbnb Rental Income: $1,643
- Traditional Rental Income: $1,171
As you can clearly see, the little rock real estate market is affordable when compared to saturated real estate markets in the US housing market. A real estate investor can easily buy an investment property with little or no money while maintaining a great return on investment!
If you’re looking to compare real estate values and prices, read this blog post: America’s Most Expensive Zip Codes vs Affordable Real Estate Markets in 2018.
Los Angeles, California
Jumping from Little Rock’s affordable real estate market into the much pricier Los Angeles real estate can make your head spin! We weren’t forgetting Los Angeles’s real estate as it has no offseason as well! It’s among the best Airbnb locations and is constantly growing! Investing in real estate in Los Angeles is nothing to fear for beginner real estate investors. Just make sure to match what you can afford to what will give you a good return on investment. Let’s take a look at the real estate market stats of Los Angeles:
- Median Property Price: $950,039
- Airbnb Rental Income: $3,472
- Traditional Rental Income: $3,108
Los Angeles real estate offers real estate investors a lucrative property investment with a great cash flow! If you’re considering an investment in Los Angeles, here is a useful blog post for you: How to Find Investment Property in the Los Angeles Real Estate Market 2018.
Final thoughts
Finding the best Airbnb locations with no offseason is not an easy task for real estate investors. Hence the fact that at Mashvisor, we’ve done the work for you! Consider investing in real estate in any of the above cities. In any case, make sure to conduct a thorough market analysis to protect your investments!
If you have any more insights on the subject, please don’t hesitate to share them with us in the comments section below.
