Cash Flow Positive Part 1: Types of STR Markets No One is Talking About
What if you could invest in short-term rentals without competing in oversaturated vacation markets? In this episode of Cash Flow Positive, host Kenny Bedwell challenges the idea that STR success is only found in traditional vacation destinations. Instead, he explores alternative STR markets that offer consistent demand, fewer competitors, and strong cash flow opportunities.
Drawing from his own experience setting up two STR properties—a 5-bedroom renovation project and a rental on the Bourbon Trail in Kentucky—Kenny shares the realities of launching an STR outside the usual hotspots. He explains why vacation rental markets aren’t the only profitable options and breaks down key STR opportunities in less obvious locations, including college towns, military towns, state parks, and urban areas near hospitals.
Throughout the episode, Kenny highlights how investors can leverage these markets to reduce risks, secure better returns, and manage seasonality more effectively. He also discusses exit strategies and the importance of adaptability when investing in these unique STR locations.
This episode is a must-listen for anyone looking to expand their STR portfolio without getting caught in the vacation rental bubble.
In This Episode You'll Learn:
- Why short-term rental markets go beyond vacation destinations
- How overlooked STR markets can offer better cash flow and stability
- What makes college towns a strong, steady investment choice
- Why military towns are ideal for short- and mid-term rental demand
- How state parks have become an unexpected STR hotspot
- Why STRs near hospitals can provide year-round bookings
- How to evaluate exit strategies in different STR markets
- What investors should consider before entering these less obvious locations
- And much more…
Resources:
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