Remember the good old days of early COVID? I’m pretty sure I had a relative tell me in April 2020 that we were 10 days out from solving the coronavirus problem. That same relative is, indeed, still pretending to this day we never had that conversation.
Alas, I digress!
This is an article for people who want to rent their properties to remote workers, and this is an article about where those remote workers moved between April and October in the wake of the pandemic.
Why Real Estate Investors Should Care About Remote Workers
But first, here’s why I have been putting out a ton of content around remote workers and where they are likely to land:
NPR is reporting 14–23 million people will be moving because they are no longer tethered to their jobs.
I think this is a very important tenant pool that can help you transition out of Airbnb (because your city’s laws changed or because you are tired of doing Airbnb) without having to sell the furniture.
I personally have seen a lot of success with this model in Denver and Colorado Springs, because that’s where I work as a real estate agent and landlord with people looking to rent by the room, sublet, medium-term rent, house hack, etc.
And finally, I believe that certain places are likely to be much more attractive to remote workers because they are cool places to live/vacation/wait out COVID. (That’s right! I’m talking about you, Colorado.)
OK, Erin, we get it. You’re passionate about Colorado. But where are the facts? How can you back this up?