Pillar 1 Lesson 2 Quiz
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Question 1 of 5
1. Question
You’ve been researching two neighborhoods in Breckenridge, CO. The large homes listed in Airbnb and VRBO in the Historic District have 55% occupancy rates. The ones in the Warrior’s Mark area are closer to 42% occupancy. What should you do?
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Question 2 of 5
2. Question
A friend of yours suggests you get a property in Park City, Utah because of the great skiing. What should you do?
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Question 3 of 5
3. Question
You are focused on Hilton Head, South Carolina and are trying to narrow your area. You find a 7,200 sq. ft. property available for an under-market price in Leamington, an exclusive, gated community on the island. The best option for you is:
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Question 4 of 5
4. Question
In your research about Hilton Head, you find that Sea Pines Plantation has 32 luxury properties with average nightly rentals of over $750 and a 55% occupancy rate.
What should you do?
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Question 5 of 5
5. Question
Your search in Airbnb for Ocean City, MD shows over 300 rentals. You’ve used the following criteria for the search: Min 3 bedrooms, Min 2 baths, Min price $250/night. Does this show that Ocean City is a good location for a luxury vacation rental business?
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