
Episode #875 Snowbird season is coming to THESE real estate markets. Every winter, millions of freezing northerners go south, seeking a temporary escape from the cold and to dethaw themselves before returning in spring. And while you may think that most of these destinations are expensive cities, like Miami, there are some cheaper areas that make not only perfect snowbird rental markets, but profitable year-round short-term rental markets as well. On this BiggerNews, Vacasa’s Kristen Taylor joins us to give her take on the markets with the most demand and the once-popular markets starting to see declines, including a top-rated tourist destination you wouldn’t expect. Kristen shares updated numbers on how long snowbird season lasts, how the typical snowbird is changing, and why snowbird markets can be MUCH more affordable than year-round vacation destinations. And if you’ve got equity in one of YOUR properties that you’d like to turn into snowbird rental property, stick around until the end. This episode’s Seeing Greene segment will answer the age-old question: what do I do with all my home equity? ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ Join the BiggerPockets Virtual Summit: http://biggerpockets.com/virtualsummit?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Grab David and Dave’s Books Mentioned in Today’s Show: Long-Distance Real Estate Investing: https://store.biggerpockets.com/products/long-distance-real-estate-investing?utm_source=owned_media Start with Strategy: https://store.biggerpockets.com/products/start-with-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Ask David Your Seeing Greene Question: https://biggerpockets.com/david?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Check Out Dave On the “On the Market” Podcast: https://link.chtbl.com/OTM ~~~~ 8 best Florida snowbird destinations: https://www.vacasa.com/discover/best-florida-snowbird-destinations ~~~~ Connect with Kristen: https://www.linkedin.com/in/kristen-taylor-704b41114/ ~~~~ Connect with Dave and David on BiggerPockets: Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow Dave, David, and BiggerPockets on Instagram: Dave Meyer: @thedatadeli or https://www.instagram.com/thedatadeli/ David Greene: @davidgreene24 or https://www.instagram.com/davidgreene24/ BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/ Show notes at: https://link.chtbl.com/BPRE 00:00 Intro 01:24 Join the Virtual Summit! 01:56 It’s “Snowbird” Season 04:35 How Long Does It Last? 09:23 Top Snowbird Markets 11:44 Declining Snowbird Markets 14:24 High Revenue, Affordable Home Prices! 18:04 Get In Now? 22:41 SG: HELOC, Refinance, or Sell?