The Sweet Spot for Commercial Investing with Vacation Rentals
Monday, July 11
Recently I was reading a fabulous book titled "Skip the Flip" by Hayden Crabtree. The gist of the book promotes doing real estate on a commercial level rather than residential. The base of his argument is that when managing residential rentals, you are tied into the Fair Market Value of your pro...
3 Methods to Investing in Todays High Interest Markets
Thursday, July 07
"Now is basically the worst time ever to buy a house" So screams the headline on a HousingWire April 8 '22 article. https://www.housingwire.com/ar... So says Connie Kim from Housing WireThis is technically true. However, perhaps we do need to shift our strategy and mindset to compete in today'...
Yes, You CAN Have a Vacation Rental in Another Country/Time Zone
Friday, May 13
I was listening to a podcast yesterday and heard the show host mention that she would never purchase a vacation rental in another time zone due to the fact that things may come up and she wouldn't be available at that time to answer an emergency. Coming from a host that prides herself on diversif...
Looking to Purchase a Preconstruction? Strategy for Quicker Ownership.
Wednesday, May 04
I am currently looking to purchase a pre-construction unit in Mexico to add to my Airbnb portfolio. I was on the phone with my real estate agent discussing the finish date and payment plan for a unit that would be finished in late 2023. As we were talking an idea came to me that would help me pay...
Looking for a Hands-Off Vacation Rental? Consider a Condo Hotel
Wednesday, May 04
Some people would like to own a vacation rental but don't have the time to manage one. They can hire a management company like Evolove or BongoStays to manage it for them. However, you will still have to be involved in setting up the unit and getting it ready to be rented out. Consider the conce...
How to go about Purchasing a Beachfront Vacation Rental in Mexico.
Thursday, April 28
Buying a property in Mexico may seem like a good idea these days as their market is not currently red hot as it is in the USA. Although inventory moves quickly, there is no shortage of homes for sale. Additionally, they are not addicted to cheap 30-year mortgages like we are in the US. (The curre...