Virtual Online Meeting!
Short-Term Rentals in NOLA
Our virtual main meeting this month will continue our focus on how the local real estate investing markets have been affected by the recent events of the past year. Our main topic for September is short-term rentals. Investors that specialize in this particular real estate niche have experienced changes in the tourist industry and rental policies, forcing them to exercise their creative problem solving skills and make unprecedented decisions along the way.
Our guest speakers will be local club members Chris Gerard and Anthony Klein.Some of the questions and ideas that will be covered include:
- Will Air BnB and other short-term rental companies survive the pandemic?
- New changes were put in place this year for new units. What were they and how have they affected the local short-term rental market?
- How has the drop in revenue affected their business?
- Have they had any issues with tenants overstaying their scheduled visits due to the inability to evict tenants?
Our local experts will also give a primer on short-term rental investing for those new to the scene or interested in adding this strategy to their portfolio. You will learn:
- How to apply for a short-term rental license
- What is the cost of entry?
- Should you buy or rent furniture? Is there an impact on the nightly rate?
- What marketing strategies have been the most effective?
- Should you use professional photographs on your listing?
- Have you integrated any customer follow up?
- Plus many more tips and suggestions!
Don’t forget to mark your calendar! You MUST pre-register for all meetings to receive a meeting link