Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago on . Most recent reply
Does a mortgage shrink the bullseye?
I have a couple of LTR's currently leased that we own outright. Have had decent success and only a few issues. Looking at a STR in order to diversify and have a place to visit on occasion. A friend with LTR's said properties with no mortgage become "targets" for unscrupulous types. I assume they don't want to take on a bank or mortgage co but an individual or LLC is vulnerable? Wondering what thoughts there are on this?
Most Popular Reply
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
- 5,685
- Votes |
- 4,235
- Posts
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
- Rental Property Investor
- Tennessee Florida
Leverage is the key to financial freedom.