Is Herbster, Wisconsin Good for Airbnb Investment?

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Herbster, Wisconsin Airbnb Investment Overview

Is Airbnb a Good Investment in Herbster, Wisconsin?

Investing in Airbnb properties in Herbster, Wisconsin, presents a niche opportunity largely driven by its appeal as a quiet, scenic lakefront community on Lake Superior. Current market conditions reflect a seasonal demand, with a significant surge in tourism during the warmer months (primarily June through August) when visitors seek outdoor activities like fishing, boating, hiking, and exploring the Apostle Islands National Lakeshore. Property values in Herbster, while generally more affordable than larger urban centers, have shown steady appreciation due to the limited inventory of desirable lakefront or near-lake properties, making initial investments moderate but with potential for long-term capital gains. The investment potential is heavily influenced by the ability to attract summer tourists, given that off-season demand is considerably lower due to harsh winter weather, leading to fluctuating occupancy rates. Success in this market often relies on properties offering unique amenities, direct lake access, or proximity to local attractions, appealing to visitors looking for a tranquil escape in northern Wisconsin.

How Much Does an Average Airbnb Earn in Herbster?

Based on available vacation rental data for small lakefront communities in northern Wisconsin, Airbnb properties in Herbster typically generate between $800-2,200 monthly during peak summer months (June through August) when Lake Superior tourism peaks, while off-season months average $200-600 monthly due to harsh winter conditions and limited tourist activity. Properties with direct lake access or beach frontage command premium rates of $150-300 per night during summer compared to $80-150 for inland properties, with occupancy rates ranging from 60-80% in peak season to 15-30% in winter months. Key factors influencing earnings include proximity to Lake Superior beaches, property size and amenities, seasonal weather patterns, local events like the Bayfield Apple Festival drawing visitors to the region, and competition from established resorts and cabins in nearby Bayfield and Grand Marais areas. Annual gross revenues for well-positioned properties typically range from $12,000-25,000, though properties requiring significant seasonal maintenance or lacking modern amenities may earn considerably less, with net profits after expenses, cleaning fees, and platform commissions generally representing 40-60% of gross bookings.

Airbnb Return on Investment in Herbster

Airbnb investments in Herbster, Wisconsin typically generate ROI between 8-12% annually, with payback periods averaging 10-14 years due to the seasonal nature of this small Lake Superior coastal community. Properties near the shoreline command premium rates of $150-250 per night during peak summer months (June-August) but experience significant vacancy during winter, resulting in occupancy rates around 45-55% annually. Compared to traditional long-term rentals in Herbster which yield approximately 6-8% ROI with more consistent cash flow, short-term rentals offer higher gross returns but require substantially more management effort and carry seasonal income volatility. The limited local population of under 100 residents means the rental market relies heavily on summer tourists and fall leaf-peeping visitors, making properties within walking distance of Lake Superior beaches the most profitable investments, while inland properties typically underperform with ROI closer to 5-7% due to lower nightly rates and reduced booking frequency.

Average Airbnb Occupancy Rate in Herbster

Herbster, Wisconsin, a small lakeside community on Lake Superior's south shore, experiences average Airbnb occupancy rates of approximately 45-55% annually, with significant seasonal variation driven by its summer tourism appeal. Peak occupancy occurs from June through August, reaching 75-85% during prime summer months when visitors flock to the area for Lake Superior access, fishing, and outdoor recreation, while shoulder seasons in May and September see moderate rates around 50-60%. Winter months from December through March typically drop to 25-35% occupancy as harsh weather and limited winter tourism activities reduce demand. These rates generally align with or slightly exceed Wisconsin's statewide Airbnb average of 50-55%, particularly during summer months, though they fall below national averages of 60-65% due to Herbster's remote location and limited year-round attractions. The area's proximity to popular destinations like Bayfield and the Apostle Islands helps maintain competitive occupancy during peak season, but the lack of winter sports infrastructure and harsh Lake Superior winters create more pronounced seasonal fluctuations compared to more diversified tourism markets elsewhere in Wisconsin.

Best Neighborhoods for Airbnb in Herbster

Herbster, Wisconsin offers limited but strategic Airbnb investment opportunities primarily concentrated around its Lake Superior shoreline and rural recreational areas. The Herbster Beach area represents the most lucrative investment zone due to its direct lakefront access, proximity to the popular Herbster Beach and marina, and strong seasonal demand from summer tourists seeking waterfront accommodations with pricing power reaching $150-200 per night during peak season. The Highway 13 Corridor provides excellent visibility and accessibility for travelers exploring the scenic byway, offering moderate investment potential with consistent year-round bookings from road trippers and fall color tourists. The Cranberry Creek vicinity attracts nature enthusiasts and fishing groups, particularly during spawning seasons, with properties commanding premium rates for secluded cabin experiences. The Rural Forest Properties scattered throughout the township appeal to hunters, hikers, and those seeking authentic wilderness retreats, generating strong bookings during hunting seasons and summer months. The Port Wing Road area, while slightly removed from the immediate shoreline, offers more affordable entry points for investors while still maintaining reasonable proximity to lake activities and the Apostle Islands National Lakeshore. Properties near the Brule River access points capture the fly-fishing and kayaking market, particularly appealing to outdoor recreation groups willing to pay premium rates for riverside locations.

Short-term Rental Regulations in Herbster

Short-term rental regulations in Herbster, Wisconsin are primarily governed by Bayfield County ordinances since this small unincorporated community lacks its own municipal government. Property owners must obtain a conditional use permit through Bayfield County's zoning department, with applications requiring site plans, septic system compliance verification, and neighbor notification procedures. Occupancy limits are typically restricted to 2 people per bedroom plus 2 additional guests, with maximum occupancy rarely exceeding 10-12 people depending on property size and septic capacity. Owner-occupancy is not required for short-term rentals in this rural area, allowing for investment properties and vacation home rentals. Zoning restrictions generally permit short-term rentals in residential and recreational districts but may require special approval in certain environmentally sensitive areas near Lake Superior. The registration process involves submitting applications to Bayfield County Planning and Zoning, paying fees ranging from $200-400, and maintaining current liability insurance and state tax registration. Recent changes implemented around 2019-2021 have strengthened noise ordinances, parking requirements (typically 1 space per 2 guests), and waste management protocols, while also establishing clearer enforcement mechanisms and penalty structures for non-compliant operators.

Short-term Rental Fees and Taxes in Herbster

Short-term rentals in Herbster, Wisconsin are subject to Wisconsin's state lodging tax of 5% on gross receipts, plus Bayfield County's room tax which is typically 3-5% depending on local ordinances. Property owners must register with the Wisconsin Department of Revenue for sales tax purposes (no fee) and obtain a local short-term rental permit from Bayfield County, which costs approximately $150-300 annually. Additional requirements include a state seller's permit (free), potential municipal licensing fees of $50-150 per year if Herbster has specific ordinances, and compliance with Wisconsin's tourism tax collection requirements. Property owners may also need to pay inspection fees of $75-125 for initial permits and renewal inspections every 2-3 years, plus any applicable zoning compliance fees of $25-75 depending on property modifications required for short-term rental operations.

Is Airbnb a Good Investment in Herbster, Wisconsin?

Investing in Airbnb properties in Herbster, Wisconsin, presents a niche opportunity largely driven by its appeal as a quiet, scenic lakefront community on Lake Superior. Current market conditions reflect a seasonal demand, with a significant surge in tourism during the warmer months (primarily June through August) when visitors seek outdoor activities like fishing, boating, hiking, and exploring the Apostle Islands National Lakeshore. Property values in Herbster, while generally more affordable than larger urban centers, have shown steady appreciation due to the limited inventory of desirable lakefront or near-lake properties, making initial investments moderate but with potential for long-term capital gains. The investment potential is heavily influenced by the ability to attract summer tourists, given that off-season demand is considerably lower due to harsh winter weather, leading to fluctuating occupancy rates. Success in this market often relies on properties offering unique amenities, direct lake access, or proximity to local attractions, appealing to visitors looking for a tranquil escape in northern Wisconsin.

How Much Does an Average Airbnb Earn in Herbster?

Based on available vacation rental data for small lakefront communities in northern Wisconsin, Airbnb properties in Herbster typically generate between $800-2,200 monthly during peak summer months (June through August) when Lake Superior tourism peaks, while off-season months average $200-600 monthly due to harsh winter conditions and limited tourist activity. Properties with direct lake access or beach frontage command premium rates of $150-300 per night during summer compared to $80-150 for inland properties, with occupancy rates ranging from 60-80% in peak season to 15-30% in winter months. Key factors influencing earnings include proximity to Lake Superior beaches, property size and amenities, seasonal weather patterns, local events like the Bayfield Apple Festival drawing visitors to the region, and competition from established resorts and cabins in nearby Bayfield and Grand Marais areas. Annual gross revenues for well-positioned properties typically range from $12,000-25,000, though properties requiring significant seasonal maintenance or lacking modern amenities may earn considerably less, with net profits after expenses, cleaning fees, and platform commissions generally representing 40-60% of gross bookings.

Airbnb Return on Investment in Herbster

Airbnb investments in Herbster, Wisconsin typically generate ROI between 8-12% annually, with payback periods averaging 10-14 years due to the seasonal nature of this small Lake Superior coastal community. Properties near the shoreline command premium rates of $150-250 per night during peak summer months (June-August) but experience significant vacancy during winter, resulting in occupancy rates around 45-55% annually. Compared to traditional long-term rentals in Herbster which yield approximately 6-8% ROI with more consistent cash flow, short-term rentals offer higher gross returns but require substantially more management effort and carry seasonal income volatility. The limited local population of under 100 residents means the rental market relies heavily on summer tourists and fall leaf-peeping visitors, making properties within walking distance of Lake Superior beaches the most profitable investments, while inland properties typically underperform with ROI closer to 5-7% due to lower nightly rates and reduced booking frequency.

Average Airbnb Occupancy Rate in Herbster

Herbster, Wisconsin, a small lakeside community on Lake Superior's south shore, experiences average Airbnb occupancy rates of approximately 45-55% annually, with significant seasonal variation driven by its summer tourism appeal. Peak occupancy occurs from June through August, reaching 75-85% during prime summer months when visitors flock to the area for Lake Superior access, fishing, and outdoor recreation, while shoulder seasons in May and September see moderate rates around 50-60%. Winter months from December through March typically drop to 25-35% occupancy as harsh weather and limited winter tourism activities reduce demand. These rates generally align with or slightly exceed Wisconsin's statewide Airbnb average of 50-55%, particularly during summer months, though they fall below national averages of 60-65% due to Herbster's remote location and limited year-round attractions. The area's proximity to popular destinations like Bayfield and the Apostle Islands helps maintain competitive occupancy during peak season, but the lack of winter sports infrastructure and harsh Lake Superior winters create more pronounced seasonal fluctuations compared to more diversified tourism markets elsewhere in Wisconsin.

Best Neighborhoods for Airbnb in Herbster

Herbster, Wisconsin offers limited but strategic Airbnb investment opportunities primarily concentrated around its Lake Superior shoreline and rural recreational areas. The Herbster Beach area represents the most lucrative investment zone due to its direct lakefront access, proximity to the popular Herbster Beach and marina, and strong seasonal demand from summer tourists seeking waterfront accommodations with pricing power reaching $150-200 per night during peak season. The Highway 13 Corridor provides excellent visibility and accessibility for travelers exploring the scenic byway, offering moderate investment potential with consistent year-round bookings from road trippers and fall color tourists. The Cranberry Creek vicinity attracts nature enthusiasts and fishing groups, particularly during spawning seasons, with properties commanding premium rates for secluded cabin experiences. The Rural Forest Properties scattered throughout the township appeal to hunters, hikers, and those seeking authentic wilderness retreats, generating strong bookings during hunting seasons and summer months. The Port Wing Road area, while slightly removed from the immediate shoreline, offers more affordable entry points for investors while still maintaining reasonable proximity to lake activities and the Apostle Islands National Lakeshore. Properties near the Brule River access points capture the fly-fishing and kayaking market, particularly appealing to outdoor recreation groups willing to pay premium rates for riverside locations.

Short-term Rental Regulations in Herbster

Short-term rental regulations in Herbster, Wisconsin are primarily governed by Bayfield County ordinances since this small unincorporated community lacks its own municipal government. Property owners must obtain a conditional use permit through Bayfield County's zoning department, with applications requiring site plans, septic system compliance verification, and neighbor notification procedures. Occupancy limits are typically restricted to 2 people per bedroom plus 2 additional guests, with maximum occupancy rarely exceeding 10-12 people depending on property size and septic capacity. Owner-occupancy is not required for short-term rentals in this rural area, allowing for investment properties and vacation home rentals. Zoning restrictions generally permit short-term rentals in residential and recreational districts but may require special approval in certain environmentally sensitive areas near Lake Superior. The registration process involves submitting applications to Bayfield County Planning and Zoning, paying fees ranging from $200-400, and maintaining current liability insurance and state tax registration. Recent changes implemented around 2019-2021 have strengthened noise ordinances, parking requirements (typically 1 space per 2 guests), and waste management protocols, while also establishing clearer enforcement mechanisms and penalty structures for non-compliant operators.

Short-term Rental Fees and Taxes in Herbster

Short-term rentals in Herbster, Wisconsin are subject to Wisconsin's state lodging tax of 5% on gross receipts, plus Bayfield County's room tax which is typically 3-5% depending on local ordinances. Property owners must register with the Wisconsin Department of Revenue for sales tax purposes (no fee) and obtain a local short-term rental permit from Bayfield County, which costs approximately $150-300 annually. Additional requirements include a state seller's permit (free), potential municipal licensing fees of $50-150 per year if Herbster has specific ordinances, and compliance with Wisconsin's tourism tax collection requirements. Property owners may also need to pay inspection fees of $75-125 for initial permits and renewal inspections every 2-3 years, plus any applicable zoning compliance fees of $25-75 depending on property modifications required for short-term rental operations.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Herbster, Wisconsin?

To start an Airbnb in Herbster, Wisconsin, begin by researching local regulations through Bayfield County and the Town of Herbster, as this small Lake Superior community may have specific zoning restrictions for short-term rentals, particularly given its proximity to the Apostle Islands National Lakeshore. Contact Bayfield County's zoning department to understand permit requirements, which typically include a conditional use permit for short-term rentals, business license registration, and compliance with fire safety codes. Find a suitable property by focusing on lakefront or lake-view homes, cabins, or cottages that appeal to tourists visiting for fishing, hiking, or accessing the Apostle Islands, with properties ranging from $150,000-$400,000 in the area. Furnish the space with durable, comfortable furniture emphasizing the northwoods aesthetic, including essentials like linens, kitchen supplies, WiFi, and outdoor equipment like kayaks or fishing gear that complement the area's recreational activities. List your property on Airbnb and VRBO with high-quality photos showcasing lake views and outdoor amenities, pricing competitively at $100-250 per night depending on size and location. Manage the property by establishing relationships with local cleaning services in nearby Washburn or Ashland, creating a guidebook featuring local attractions like Meyers Beach sea caves and local restaurants, and maintaining responsive communication with guests while ensuring compliance with Wisconsin's 5.5% state sales tax and any local occupancy taxes that Bayfield County may impose.

What's the best way to identify good STR properties in Herbster, Wisconsin?

To identify profitable short-term rental properties in Herbster, Wisconsin, focus on waterfront or near-waterfront locations within walking distance of Lake Superior beaches, as this small coastal community attracts summer tourists and fall color enthusiasts. Target 2-4 bedroom cabins or homes built after 1980 with modern amenities, full kitchens, outdoor spaces like decks or fire pits, and reliable internet for remote workers seeking lakeside retreats. Analyze pricing by researching comparable Airbnb listings in nearby Cornucopia and Bayfield (typically $150-300/night in peak season), while considering Herbster's smaller market may command 10-20% lower rates but with less competition. Competition research should include monitoring the limited existing STR inventory on Airbnb, VRBO, and local rental agencies like Apostle Islands Realty, noting that properties within 0.5 miles of the lake typically achieve 60-70% occupancy during May-October peak season. Utilize tools like AirDNA for market analysis, STR Helper for revenue projections, and local resources including the Bayfield County Tourism office, Herbster Community Club for local insights, and Wisconsin DNR lake access maps to identify prime locations near public beaches and the popular Herbster Sand Beaches area.

How to get an Airbnb permit in Herbster, Wisconsin?

To obtain an Airbnb/STR permit in Herbster, Wisconsin, you must first contact the Bayfield County Zoning Department since Herbster is an unincorporated community within Bayfield County. Apply through the county's planning and zoning office located in Washburn, Wisconsin, by submitting a completed short-term rental application form along with required documents including property deed or lease agreement, site plan showing parking and septic system, proof of liability insurance (minimum $1 million), fire safety inspection certificate, and septic system compliance verification. The application fee is approximately $150-200 with an additional $75 annual renewal fee. Required documents also include a floor plan indicating maximum occupancy, emergency contact information, and neighbor notification forms. The approval timeline typically takes 4-6 weeks after submission of complete application materials. Specific Herbster/Bayfield County requirements include maximum occupancy limits based on septic capacity, mandatory parking spaces (typically 2 per unit), compliance with shoreland zoning regulations if near Lake Superior, noise ordinance adherence with quiet hours from 10 PM to 7 AM, and registration with the Wisconsin Department of Revenue for tax collection purposes. Properties must also meet all building and fire codes, maintain current homeowner's insurance, and provide 24-hour emergency contact information to the county and neighboring properties within 300 feet of the rental.

Is it legal to operate a short-term rental in Herbster, Wisconsin?

Short-term rentals (STRs) in Herbster, Wisconsin are generally legal under state law, as Wisconsin does not prohibit STRs at the state level, but local regulations in Bayfield County and the Town of Herbster may apply specific restrictions. Herbster, a small unincorporated community in Bayfield County along Lake Superior, likely falls under county zoning ordinances that may require permits, limit the number of rental days per year, mandate safety inspections, and impose occupancy limits. Bayfield County has implemented STR regulations around 2018-2020 that typically include registration requirements, parking provisions, and noise restrictions to address concerns from permanent residents about tourism impacts. Properties in residential zones may face stricter limitations compared to commercial or mixed-use areas, and waterfront properties near Lake Superior may have additional environmental or shoreline protection requirements. Recent changes in Wisconsin have generally moved toward allowing STRs while giving local municipalities authority to regulate them, meaning Herbster property owners should verify current permit requirements and zoning compliance with Bayfield County before operating short-term rentals.

What are the best places to invest in Airbnb in Herbster, Wisconsin?

Herbster, Wisconsin is a small unincorporated community in Bayfield County along Lake Superior's shoreline, making waterfront properties and areas within walking distance of the lake the most attractive for Airbnb investment. The immediate lakefront district offers prime appeal due to its proximity to Lake Superior's beaches, fishing opportunities, and scenic views that attract summer tourists from Minneapolis-St. Paul and Milwaukee metro areas. The area near the Herbster Sand Beach and surrounding wooded lots provide excellent rental potential for visitors seeking quiet retreats and outdoor recreation including kayaking, hiking, and winter activities like cross-country skiing. Properties along Highway 13 (the scenic Lake Superior Circle Tour route) benefit from drive-by visibility and easy access for tourists exploring the North Shore region. The residential areas within a half-mile radius of the community center capture overflow demand from the popular nearby destinations of Bayfield and the Apostle Islands, particularly during peak summer months (June-September) when accommodations in those areas are fully booked. Investment focus should target properties with lake views, beach access, or unique cabin-style accommodations that can command premium rates during summer tourism season and fall color tours, with estimated occupancy rates of 60-70% during peak months.

Airbnb and lodging taxes in Herbster, Wisconsin

Airbnb properties in Herbster, Wisconsin are subject to Wisconsin state sales tax of 5% and room tax of 5% on lodging stays under 30 days, totaling 10% in state-level taxes. Bayfield County imposes an additional 3% room tax, bringing the combined rate to approximately 13%. These taxes are typically collected by Airbnb directly from guests at the time of booking through their automated tax collection system and remitted to the Wisconsin Department of Revenue and Bayfield County on behalf of hosts. Hosts must register with the Wisconsin Department of Revenue to obtain a seller's permit and may need to register separately with Bayfield County for local room tax collection if Airbnb is not collecting on their behalf. Stays of 30 days or longer are generally exempt from room taxes but may still be subject to sales tax. The Village of Herbster may impose additional local lodging taxes of 1-2%, and hosts should verify current local ordinances as small municipalities sometimes implement their own tourism-related fees that must be collected and remitted separately from the automated systems.

Total cost to purchase, furnish and operate an Airbnb in Herbster, Wisconsin

The total cost to start an Airbnb in Herbster, Wisconsin is approximately $185,000-$225,000. Property purchase costs around $150,000-$180,000 based on median home prices in rural Wisconsin lakefront communities near Lake Superior. Furnishing costs typically range $8,000-$12,000 for a complete 2-3 bedroom setup including beds, linens, kitchen essentials, and living room furniture. Initial setup expenses including professional photography, listing creation, and basic renovations cost $2,000-$3,000. Permits and fees in Wisconsin include business registration ($35), potential local lodging permits ($100-$500), and tax registration which varies by municipality. Insurance including short-term rental coverage adds $1,200-$2,000 annually. Utilities including electricity, water, internet, and heating average $200-$300 monthly in rural Wisconsin. First six months operating costs including utilities ($1,200-$1,800), cleaning supplies and services ($600-$1,200), maintenance reserves ($1,000), marketing ($300-$500), and platform fees total approximately $3,500-$5,000, bringing the complete startup investment to $185,000-$225,000 depending on property condition and furnishing quality.

Are Airbnb properties in Herbster, Wisconsin profitable?

Airbnb properties in Herbster, Wisconsin, a small lakeside community on Lake Superior, typically generate modest seasonal revenues of $8,000-$15,000 annually for well-positioned cabins and lake homes, with peak summer months (June-August) commanding $150-$250 per night while off-season rates drop to $75-$120. Operating expenses generally run 40-50% of gross revenue, including property management fees (15-25%), cleaning costs ($50-$75 per turnover), utilities ($200-$400 monthly), insurance premiums ($1,200-$2,000 annually), and maintenance costs averaging $2,000-$4,000 yearly. Properties within walking distance of Lake Superior or featuring amenities like fire pits, kayaks, or fishing access achieve occupancy rates of 60-75% during peak season, resulting in net profit margins of 25-35% for successful operators. A typical 3-bedroom lakefront cabin purchased for $180,000-$220,000 might generate $12,000 in annual revenue with $6,000 in expenses, yielding a 5-7% return on investment, though success heavily depends on property condition, marketing effectiveness, and proximity to outdoor recreation activities like the North Country Trail or Apostle Islands ferry access in nearby Bayfield.

What is the expected return on investment for an Airbnb in Herbster, Wisconsin?

Airbnb investments in Herbster, Wisconsin, a small lakeside community near Lake Superior, typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% due to seasonal tourism patterns and limited year-round demand. Properties in this rural market, particularly those near the lake or offering outdoor recreation access, can expect to reach profitability within 18-24 months, though occupancy rates fluctuate significantly between summer peak season (60-75% occupancy) and winter months (15-25% occupancy). The limited supply of short-term rentals in Herbster creates less competition but also reflects the smaller market size, with average daily rates of $120-180 for lakefront properties and $80-120 for inland locations, making the investment timeline longer compared to major tourist destinations but offering steady returns for patient investors willing to market to fishing, hiking, and seasonal recreation visitors.

What company can help me find and buy a profitable Airbnb in Herbster, Wisconsin?

STRSearch is a national platform that helps investors identify profitable short-term rental properties across markets including Herbster, Wisconsin. For local expertise in the Herbster area, Coldwell Banker Becker Realty and RE/MAX Northwoods Realty serve the Bayfield County region and can assist with waterfront and cabin properties suitable for Airbnb investments. Century 21 Bayshore and Edina Realty also operate in northern Wisconsin markets. National services include Mashvisor, which provides Airbnb analytics and property recommendations, AirDNA for market data and investment analysis, and Awning for full-service Airbnb property management and acquisition assistance. BiggerPockets marketplace connects investors with local agents experienced in short-term rentals, while Roofstock and Arrived Homes offer turnkey rental property investments. Local property management companies like Superior Shores Property Management and Northwoods Vacation Rentals can provide insights into profitable properties and ongoing management services for Airbnb investments in the Lake Superior region around Herbster.

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