Tag Archives: accessory dwelling unit

Investment Properties, Lifestyle, Recreation

Best U.S. Cities to Invest in an Airbnb or Vacation Rental

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In 2022, over 60 million Americans booked a stay in a vacation rental. As Airbnb and vacation rentals continue to grow in popularity, now may be the time to consider investing in a vacation rental property, especially if you’re looking for new ways to earn passive income on your property. Though not all cities allow short-stay rentals, here are a few top cities in the U.S. where Airbnb and short-stay rentals are not only legal but bound to be lucrative investments! 

Boulder, Colorado 

Boulder, Colorado, is a city that’s grown exponentially within the last decade, making it a prime location to invest in a vacation rental property. From its lively downtown filled with breweries and farm-to-table restaurants to the beautiful Rocky Mountains, there’s no shortage of things to do and see in this popular city that hosts about 3.3 million visitors annually.

Boulder is a true hiker’s paradise. With over 300 miles of hiking trails and 45,000 acres of open spaces to explore, your guests could spend their entire summer exploring new trails and sights. After a long day of hitting the trails, visitors can also choose from a variety of amazing restaurants where they can relax and refuel. Boulder Valley is known for its bounty of homegrown fare, gorgeous outdoor dining views, and abundance of breweries. If you’re looking for an outdoorsy, artistic, and food-centered location for your vacation rental property, Boulder is certainly a top choice.  

Boise, Idaho

If access to nature and wildlife is first on your list of must-haves, consider Boise, Idaho, for your vacation rental property. In 2021, the state of Idaho had a record year for tourism; and in 2018, as well as 2020, Boise was listed by Forbes as the fastest-growing city in the country, making it one of the most exciting and promising cities for new vacation rentals. 

In the summertime, Boise is the perfect place to hike to waterfalls or experience the best whitewater rafting in the country; and in the winter, skiers and snowboarders can take to the slopes for a day of fun and exercise. When visitors aren’t exploring the outdoors, they can always grab a brew and relax at one of over twenty Boise breweries, or end their day at the Knitting Factory for a fun night of music and dancing if they prefer something a bit more energetic. If you’re looking to invest in a vacation rental property or Airbnb in a growing city full of diversity and life, Boise will not disappoint your guests by any means! 

Austin, Texas

Otherwise known as the Live Music Capital of the World, Austin, Texas, welcomes over 30 million visitors annually, making it the number one tourist destination in the Southwest. World-famous festivals such as the SXSW tech conference and Austin City Limits Music Festival bring travelers from across the globe. As the state capitol of Texas, Austin is full of history, with this city being home to the Lyndon B. Johnson Presidential Library and Bullock Texas State History Museum. Considering everything this city has to offer, your visitors will never be short on activities — or delicious Tex-Mex food, for that matter. 

Santa Barbara, California

Known for its wide stretch of sandy beaches and consistently sunny weather, Santa Barbara brings thousands of tourists throughout the year. Santa Barbara boasts fine dining, manicured gardens, and world-class wineries — all within a beautiful seaside landscape that visitors will love. Whether guests enjoy relaxing on the beach, surfing, or visiting countless art galleries and museums, it won’t be hard to find something fun to do in this stunning coastal town. With a potential monthly revenue of $7,361 or more, and a steady occupancy rate of 68%, Santa Barbara is the second-best market in California to start an Airbnb business. We believe this southern California beach town will bring plenty of visitors if this is where you decide to invest! 

Sunriver, Oregon

This beautiful high desert city in Central Oregon is known for its stunning golf courses that play home to championship golf. Crosswater Club, Sunriver’s most popular golf club, was deemed a Golf Digest Top 100 course. Tourists are also attracted to Sunriver for its easy access to the Deschutes River, Mt. Bachelor, and the vibrant downtown area of Bend. In 2021, Sunriver saw a 309% increase in online visitor guide requests, as well as over 2,000 more tourists at the Sunriver Visitor Center. For all that Sunriver has to offer, it’s easy to see why someone would consider this city for their investment vacation rental property.

Reno, Nevada

Famously known for its casino and tourism industry, The Biggest Little City in the World is nestled just east of the Sierra Nevada Mountain range. In 2019, Reno-Tahoe Airport Authority reported an estimated 4.5 million passenger visits to the Reno-Tahoe International Airport — its highest total in a decade. Every year, bowlers from across the country flock to Reno in hopes of becoming the national bowling champion. Reno has hosted the United States Bowling Congress’s Open Championships for the last 119 years. This year, the tournament will run for a consecutive 135 days. The way we see it, tourism in Reno doesn’t seem to be slowing anytime soon; and that’s why we feel it’s a great choice when looking for an investment Airbnb! 

Whitefish, Montana

Whitefish, Montana, is an outdoor lover’s dream destination. Biking, boating, hiking, skiing, and snowboarding are all activities that bring tourists to Whitefish, Montana, as well as being just a short day’s trip to Glacier National Park. It’s estimated that over 11 million people visit Whitefish annually. Folks tend to love Whitefish because of its quaint, Western feel and majestic mountain backdrop. Whitefish also seems to be one of the most inviting cities in the country; and with endless outdoor adventures, it’s sure to be a winning investment property locale.

 

From the high desert in Sunriver to the bustling metropolis of Austin, there are many great options for you to consider for your investment property. We know you have plenty of choices when investing in an Airbnb or vacation rental, but we think any of these cities would make a fine choice for an investment property location. Looking for inspiration for your build? We offer several pre-engineered cabin kits that you can easily modify to meet your needs and those of your guests.

If you’re ready to get started on your project, request a quote here or give us a call today at (888) 975-2057!

Apartment Barn, Barn Kits, Custom Designs, Materials Package

ADU Kits: Six Designs for Your Backyard Build

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If there’s anything we learned in 2021, it’s that demand for housing is exploding across the U.S. From major cities like Chicago and Seattle to rural communities in Colorado and Tennessee, we saw an influx of eager home buyers snap up listings left, right, and center, with many homes flying off the market within hours of being listed and often well over asking price. The red hot housing market has created somewhat of a catch-22 for home buyers, considering mortgage rates remain historically low while dwindling inventory means stiff competition and fewer options across the board. But the challenges of finding affordable and livable housing aren’t exclusive to home buyers; renters are also feeling the financial and mental strain of the booming U.S. housing market. 

According to Fortune.com, rent prices in the U.S. rose more than 10% in 2021 and will likely continue to climb in 2022. In cities like Dallas, where the population grew by 120,000 residents in the last year or so, renters are having an increasingly difficult time finding affordable rentals throughout the city – and they’re not alone. With thousands of empty-handed home buyers leaving the housing market and millions of Americans continuing to move states, the rental market in 2022 is on track to become even more saturated than the previous year. And while this may seem like bad news for renters, there is a solution that could help alleviate the housing crisis in cities across the U.S. and open new doors of opportunity for current and future homeowners.

The solution we’re referring to is accessory dwelling units, otherwise known as ADUs. Often added to one’s backyard space, an ADU can serve as a detached guest suite, an office, a workshop, or a personalized man or lady cave. In the context of this blog post, an ADU creates a mutually beneficial opportunity for renters and homeowners, considering long-term renters provide homeowners with a stable source of passive income in exchange for a quiet, flexible rental within their budget. Not to mention, an ADU can substantially increase the value of one’s home, making it a lucrative investment that virtually pays for itself and more.  

Whether you’re planning to build a new home or considering adding to your existing home, an ADU is a wise investment that offers numerous benefits for homeowners and renters alike. If you’re in the market for an ADU of your own, take a look below at some of the prefabricated ADU kits we offer that might just be the perfect solution for your property: 

McKenzie Cabin Kit:

With 651 square feet of conditioned living space, our McKenzie Cabin Kit can serve as a detached one-bedroom rental perfect for solos or couples. 

Modern McKenzie Cabin Kit: 

This modern, sloped cabin design offers slightly more square footage than our classic McKenzie Cabin Kit, boasting 721 square feet of flexible living space.

Deschutes Cabin Kit: 

The Deschutes Cabin Kit is a 776 sq. ft. post and beam structure designed with one bedroom and one bathroom. With the help of our designers, you can add a second bedroom to the existing design or customize your floor plan entirely. 

Modern Deschutes Cabin Kit: 

The modern take on our Deschutes Cabin Kit, the Modern Deschutes is a simple one-bedroom cabin design with room for creativity.

Rogue Cabin Kit:

This two-bedroom, two-bathroom cabin kit features a cozy master suite, an open-concept living space with vaulted ceilings, and a charming covered porch. With its classic cabin appearance, the Rogue offers the warmth and comfort of a small home or cottage. 

Modern Rogue Cabin Kit: 

Coming in at 948 square feet, the Modern Rogue Cabin Kit offers ample room for two bedrooms, two bathrooms, and open-concept living. Like our classic Rogue, this cabin design includes a covered porch. 

Need inspiration for your ADU project? Check out our project gallery to see how our clients transformed their kits into the perfect ADUs for their homes! 

If you’re ready to get started on your ADU build, give us a call at (888) 975-2057 or request a quote here.