Taos Real Estate

Taos Rental Investment

As a vacation and resort destination, Taos has a rental property profile different from most other areas.  There are a number of factors influencing rentals:

• Much higher demand for vacation rental than long term
• Demand for long term rentals from locals is at the lower end of the rental price spectrum
• High home prices make positive cash flow difficult

There is a very competitive environment for vacation home rentals, so one shouldn't look for more than 80 - 100 nights a year unless the property is a really nice one and the marketing is good.

As far as long term leases, the demand is primarily for rents below $800/month.  The high prices for homes here make it very difficult to generate positive cash flow at those levels.  However, a nice niche is the guest house or small studio rental in the $600 range, while the main home is occupied or used by the owner.

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