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James Tyler Stewart's Blog

By James Tyler Stewart | Agent in Whitefish, MT

Remodels to Rentals

For those of you out there thinking about residential investment properties, let me tell you a little bit about Whitefish, MT. The town is a Winter and Summer destination resort. Just not in the sense that one may think. When you say winter resort, many people think of Colorado or Utah. When you say Summer resort, many people will think of beaches and the ocean. When someone asks me what I think of.....well, I think about skiing, lots of snow, fresh water lakes and Glacier National Park. The mild temperatures in the summer and winter months also allow for folks who can't stand the heat in say AZ during July or the bone chilling cold of northern New England in January a nice place to escape.

These are all factors that I kept in mind while searching for the perfect "reasonable" resort town to start buying property in 10 years ago. Our rental market is currently driven by seasonal workers, young professionals, transplants and long term visitors (nightly/weekly crowd). When folks compare prices to other areas; whether it to purchase investment property or to simply compare nightly room rates and lift tickets - it is impossible not to get the feeling that Whitefish is a diamond in the rough. So accept my challenge and see if you can find somewhere similar to here with even close to the same real estate opportunities. I would love to hear about it.....always looking for the next best place. 

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