Buying Investment PropertyWhich Investment Properties for Sale Make for the Best Vacation Home Rentals? by Victoria Daibes August 7, 2018May 5, 2019 by Victoria Daibes August 7, 2018May 5, 2019Finding investment properties for sale should not be your only criterion in finding rental properties in the location of choice. The best investment properties include a nice bargain, but they also have other factors to keep in mind, such as having a business plan and an optimal real estate strategy, and finding the right location that matches your long term business plan. If you want to invest in an Airbnb rental property, location is everything alongside the city’s Airbnb regulations and laws. Not every city favors an Airbnb rental business and the same goes for traditional real estate investing. In a nutshell, your business goals should help you figure out where to buy investment property, respective to the location. Related: How to Find the Best Airbnb Properties for SaleThe Best Investment Properties for the Best Vacation Home Rentals For this blog post, we focus on finding investment properties for sale that make the best vacation home rentals in the country. But before we give you this list, let’s define what the best investment properties for sale look like for profitable vacation home rentals. 1. The best investment properties for sale are in the best location This is a no-brainer! Having the right location for your vacation home rental is crucial in order to capitalize and make big wins in the long term. To help you hone in on the right areas, use Mashvisor’s heatmap tool to give you a visual representation of the profitable areas for vacation rentals across the country in just a matter of minutes. 2. The best investment properties for sale have the best Airbnb ListingAirbnb is a great business model for vacation home rentals and most investors/landlords take advantage of this site to maximize their exposure as well as their profits. Make sure your Airbnb listing is updated and conveys accurate info about your rental. But never deceive Airbnb guests, it will come back to haunt you later! 3. The best investment properties for sale have an optimal pricing strategy Another important aspect of a successful Airbnb business boils down to your dynamic pricing strategy. Do not have one listing price throughout the year; play around with the prices, respective to the season as well as your competitors. 4. The best investment properties for sale hire the best property management teamTo maintain a successful Airbnb business, we highly recommend you hire a property management team to take care of your Airbnb listing, your Airbnb rental property, and your Airbnb guests. 5. The best investment properties for sale reap a surplus of cash flow returns If your vacation rental home isn’t making you money or paying the bills, then you are in the wrong business. If this is the case, figure out where the problem lies to turn the situation around or consult a real estate professional to help you turn your finances around. The Best Places to Buy a Vacation Rental Property in 2018 It should come as no surprise that the best places to buy a vacation rental property this year are mostly located in Florida. Nevertheless, here is the list of the best places across the US for buying a vacation rental for the highest ROI. To start out your 14-day free trial with Mashvisor, click here.1. Panama City Beach, FloridaMedian Property Price: $258,448Airbnb Rental Income: $2,354Airbnb Cash on Cash Return: 5.85%Airbnb Occupancy Rate: 61%Related: The 7 Best Places to Buy a Vacation Home in Florida2. Chicago, IllinoisMedian Property Price: $447,549Airbnb Rental Income: $2,726Airbnb Cash on Cash Return: 1.11%Airbnb Occupancy Rate: 54%3. Napa, CaliforniaMedian Property Price: $1,092,489Airbnb Rental Income: $6,627Airbnb Cash on Cash Return: 5.10%Airbnb Occupancy Rate: 51%4. Memphis, TennesseeMedian Property Price: $243,531Airbnb Rental Income: $2,498Airbnb Cash on Cash Return: 3.34%Airbnb Occupancy Rate: 47%5. Destin, FloridaMedian Property Price $636,221Airbnb Rental Income: $3,928Airbnb Cash on Cash Return: 4.10%Airbnb Occupancy Rate: 57%6. Kissimmee, FloridaMedian Property Price: $220,000Airbnb Rental Income: $2,110Airbnb Cash on Cash Return: 6.8%Airbnb Occupancy Rate: 65%7. Fort Walton Beach, FloridaMedian Property Price: $325,000Airbnb Rental Income: $3,850Airbnb Cash on Cash Return: 13.4%Airbnb Occupancy Rate: 60%8. Ocean City, MarylandMedian Property Price: $407,216Airbnb Rental Income: $2,079Airbnb Cash on Cash Return: 11.1%Airbnb Occupancy Rate: 43%9. Myrtle Beach, South CarolinaMedian Property Price: $190,000Airbnb Rental Income: $2,250Airbnb Cash on Cash Return: 8.5%Airbnb Occupancy Rate: 48%10. Gatlinburg, TennesseeMedian Property Price: $295,382Airbnb Rental Income: $2,984Airbnb Cash on Cash Return: 6.49%Airbnb Occupancy Rate: 73%11. Virginia Beach, VirginiaMedian Property Price: $374,270Airbnb Rental Income: $3,568Airbnb Cash on Cash Return: 4.43%Airbnb Occupancy Rate: 53%12. Orange Beach, AlabamaMedian Property Price: $469,000Airbnb Rental Income: $3,190Airbnb Cash on Cash Return: 4.7%Airbnb Occupancy Rate: 50%13. San Diego, CaliforniaMedian Property Price: $824,006Airbnb Rental Income: $3,609Airbnb Cash on Cash Return: 1.76%Airbnb Occupancy Rate: 62%Related: Four Things to Consider Before Purchasing an Airbnb Investment PropertyConclusion Finding investment properties for sale is only half the battle; make sure the whole formula adds up by factoring in a prime location favorable for real estate investing and high appreciation long term. Earning a high return on investment properties for sale boils down to your due diligence and research beforehand. Use tools like Mashvisor’s heatmap and property finder tool to streamline your time and research in less time for less cost. Remember, it is not about how many hours you put in, it is about how you are using the resources available to you to maximize your revenue in the shortest time possible. To start your 14-day free trial with Mashvisor and subscribe to our services with a 20% discount after, click here. Start Your Investment Property Search! START FREE TRIAL Start Your Investment Property Search! START FREE TRIAL Chicago ILDestin FLFort Walton Beach FLGatlinburg TNKissimmee FLMemphis TNMyrtle Beach SCNapa CAOcean City MDOrange Beach ALPanama City Beach FLSan Diego CAVirginia Beach VA 0FacebookTwitterGoogle +PinterestLinkedin Victoria DaibesVictoria is an experienced content writer who enjoys writing about all aspects of the real estate market and industry. Previous Post Price to Rent Ratio: Where to Buy an Investment Property in 2018 for Strong Rental Demand Next Post How the Trump Tax Reform Affects Your Real Estate Investments Related Posts The Many Uses of the Real Estate Investment Calculator Buying Bank Owned Properties: 10 Pro Tips Top 6 Characteristics of Profitable Investment Properties What’s Foreclosure & How to Invest in One? – Infographic How to Find Real Estate Opportunities during the COVID-19 Pandemic Making Money in Real Estate Online – Is it Possible? 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