I also listen to his podcast occasionally and he seems to understand the REI business quite well. 

Did you speak with them prior to purchase to understand their process?

From software issues that the manufacturers refuse to help you understand, to hardware issues like the joysticks easily pop into the machine when kids bang on em.

I know taxes and insurance have gone up a lot in that time so I understand that problem but the solid rent increases in that time have been able to cover most of that (at least for me it has worked out).

You have to be honest with yourself, understand the risks and assess if you can afford the negative cash flow.

I understand the appeal of the E2 visa route, and there are indeed a few franchises that cater to that niche.

Though I would mix with antifreeze if the heat is off and your winters involve freezing.

If anyone is willing to share their experiences, advice, or point me towards resources that could help in understanding the market better, I would be immensely grateful.

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

Hello!I am new to the real estate game and got my foot in the door by purchasing my first property as a live in renovation. It has been a very exciting and humbling experience. Im towards the end of my renovation and ...