Most electric vehicles are owned by homeowners, not renters.There are approximately 1.3 million renters in New Jersey.

If a property management company faces a data breach, it can significantly reduce the property’s value, impact lease renewals, and affect the attractiveness of future investments.PropTech Startups:The surge in PropTech (property technology) startups has brought innovation to the real estate sector, including platforms for digital transactions, property management, and AI-powered real estate analytics.

The 315,000-square-foot space in Mission Bay adds to OpenAI’s nearly 1 million square feet of leased space across the city, including properties subleased from Uber last year.As one of the largest AI firms in the world, OpenAI’s expansion is helping revitalize San Francisco’s struggling office market.

Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.

There are million different reasons why home prices go up and down, and with a congress that is split 50/50 assume nothing is really changing when someone gets into the whitehouse.

So, IF you owe 800k on a 1 million value, yes, you have 200k equity if you sell.

Avoid Capital Gains Tax LiabilitySelling your rental property to buy a more attractive one can help you defer capital gain taxes.

The possibilities are endless… Anything from guests leaving a bunch of lights on, to leaving the oven on, to leaving food out on the counter to rot and attract pests…Just wondering how people deal with this situation where the guests check out and the cleaners can’t go over there for a couple of days?

I wouldn't consider it until you have at least $1 million in equity, and even then there are other ways to protect yourself.What you do need is a solid partnership agreement.