Best non-beach town for a vacation / investment property

[Anonymous]

Wondering if Stowe, VT (the town vs. on the mountain) or something similar is a good place for year-round rentals. On another thread, somebody mentioned Taos...but was again unclear if they meant Taos Ski Valley vs. Taos the town.

Trying to find a place where we would occupy for a decent amount of the year (3+ months), but is in a true town vs. a ski resort like Vale and can rent decently all-year round.

Looking for vacation-type spots vs. a large city or renting to college students.

[Anonymous]

These threads mystify me. If you’re trying to find a place to be for three months out of every year, think about where you want to be. Stowe and Taos and Vail are all very different places.

[Anonymous]

Anonymous wrote:These threads mystify me. If you’re trying to find a place to be for three months out of every year, think about where you want to be. Stowe and Taos and Vail are all very different places.

+1
If if there is a magic money destination, the people who are in the know are staying quiet about it.

[Anonymous]

If you truly need to have it rented year-round I do not think that Stowe is a super safe bet. Few people are coming to Vermont in April/May and late-Oct/November/December.

And if you want to be there when VT is at its most pleasant it's even harder.

[Anonymous]

Buy near Augusta National Golf Course. Rent it for 2 weeks a year to really rich people and make 100k.

[Anonymous]

Anonymous wrote:These threads mystify me. If you’re trying to find a place to be for three months out of every year, think about where you want to be. Stowe and Taos and Vail are all very different places.

+1
You are also guaranteed to make a bad investment/lose money if you’re blindly picking a place where you don’t know every small detail about the year round market, location, etc.

Also, Vail and other ski towns are year round destinations.

[Anonymous]

Anonymous wrote:

Anonymous wrote:These threads mystify me. If you’re trying to find a place to be for three months out of every year, think about where you want to be. Stowe and Taos and Vail are all very different places.

+1
You are also guaranteed to make a bad investment/lose money if you’re blindly picking a place where you don’t know every small detail about the year round market, location, etc.

Also, Vail and other ski towns are year round destinations.

Vail isn't much of a town as it is one big ski resort. It has very little local charm or little local community.

Aspen is a town...but owning there is in another stratosphere.

[Anonymous]

Anonymous wrote:Buy near Augusta National Golf Course. Rent it for 2 weeks a year to really rich people and make 100k.

Interesting...is this a place anyone would really want to be otherwise?

[Anonymous]

Anonymous wrote:If you truly need to have it rented year-round I do not think that Stowe is a super safe bet. Few people are coming to Vermont in April/May and late-Oct/November/December.

And if you want to be there when VT is at its most pleasant it's even harder.

I'm not sure that's true. Lots of people want to rent a house up in VT in the mid to late Fall. Probably true that people don't want to rent up there much in the Spring.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Buy near Augusta National Golf Course. Rent it for 2 weeks a year to really rich people and make 100k.

Interesting...is this a place anyone would really want to be otherwise?

Why not? Smaller (200,000 person) city. State parks. Not far from Savannah.

https://exploregeorgia.org/article/guide-to-augusta

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These threads mystify me. If you’re trying to find a place to be for three months out of every year, think about where you want to be. Stowe and Taos and Vail are all very different places.

+1
You are also guaranteed to make a bad investment/lose money if you’re blindly picking a place where you don’t know every small detail about the year round market, location, etc.

Also, Vail and other ski towns are year round destinations.

Vail isn't much of a town as it is one big ski resort. It has very little local charm or little local community.

Aspen is a town...but owning there is in another stratosphere.

Telluride is where its at.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:These threads mystify me. If you’re trying to find a place to be for three months out of every year, think about where you want to be. Stowe and Taos and Vail are all very different places.

+1
You are also guaranteed to make a bad investment/lose money if you’re blindly picking a place where you don’t know every small detail about the year round market, location, etc.

Also, Vail and other ski towns are year round destinations.

Vail isn't much of a town as it is one big ski resort. It has very little local charm or little local community.

Aspen is a town...but owning there is in another stratosphere.

Telluride is where its at.

Yeah…but similar to Aspen in that it’s crazy pricey. There is a 1200 sq ft 3 BR house for $4.3MM…and that’s the cheapest for sale.

[Anonymous]

I love Stowe. We were considering buying there but ultimately decided that we missed the window to buy pre-Covid. The prices are pretty crazy right now, and to invest there at a time when climate change is making ski season in the east a bigger gamble than usual seems unwise.

[Anonymous]

If you are looking at a high end second home then Atlanta could work. They shoot a lot of films there and the cast will sometimes rent a house. Or you could have a home that would work for multiple members of production.

[Anonymous]

I forgot to include a few links about the Atlanta area. You wouldn't need a house in downtown Atlanta. One of the big studios is south of Atlanta.

https://www.realtor.com/news/celebrity-real-estate/norman-reedus-has-put-his-chattahoochee-hills-georgia-home-on-the-rental-market-for-12500-a-month/

https://www.serenbe.com/press-awards/from-hollywood-to-yallywood-atlanta-is-the-next-big-destination-for-celebrity-home-buyers