Why Savvy Investors Are Turning to Reno for Short-Term Rentals
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Most people think Lake Tahoe when it comes to vacation rentals, but Reno’s numbers are telling a very different story.
Reno vs Tahoe: What the Numbers Say
Lake Tahoe may capture the spotlight with its high nightly rates, but investors know those rates only matter if bookings are consistent. Tahoe’s occupancy rates typically hover between 43% and 50%. Reno, on the other hand, has surged to as high as 75%. That difference is significant, and it’s fueled by economic drivers like Tesla’s Gigafactory, the University of Nevada, Reno, and the steady lineup of events that keep tourism flowing throughout the year.
Why Reno’s Financials Work Better
The upside in Reno goes beyond just occupancy. Startup costs for short-term rentals are generally lower, and compared to Tahoe, Reno comes with fewer regulatory headaches. That means investors can enter the market with less friction and achieve profitability more quickly. For investors who prioritize steady cash flow and scalability, Reno’s fundamentals are simply stronger.
The Investor’s Advantage
Chasing trends can be risky, but investing based on data is a more sustainable approach. Reno’s consistent demand and lower barriers position it as a stable, long-term market play. For short-term rental operators, this translates into stronger occupancy, smoother operations, and the ability to scale without the constant worry of regulatory clampdowns.
Get the Numbers Before You Buy
If you’re considering a property in Reno, the smartest move is to run the data before pulling the trigger. A detailed short-term rental analysis can highlight the real numbers behind any property. Interested investors can get a free report by reaching out via text, direct message, or visiting addressincome.com/agents to connect directly.
Final Takeaway
Tahoe may have the glamour, but Reno has the staying power. With higher occupancy, lower costs, and fewer barriers, Reno is emerging as one of the most reliable short-term rental markets in Northern Nevada. For investors who value data over hype, Reno is where the smart money is going.
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Brad Buxton Senior Investment Specialist | Address Income 805.305.1591 bbuxton@addressincome.com |
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