Also, you must familiarize yourself with local laws and regulations regarding STRs to avoid purchasing in areas that are not STR-friendly, which could save you from legal headaches and poor investment choices.Another critical strategy is staging your home to appeal to your target guests.

Renting the rehab property from your LLC while you renovate can be practical, but it may lead to higher financing fees and complex tax implications.

Hi, I am 19 and going to school for finance and real estate and have started crunching numbers as a practice to see if I can find some good deals.

Some say it’s possible to implement this strategy in Germany, while others claim you can't, due to regulations preventing the sale of mortgaged property before 10 years.There's a lot of confusion and misinformation, and no one seems to have solid information.This strategy is well-documented in the USA, with numerous videos on YouTube.

For anyone else reading this thread and wants to respond with actual best practices for this type of situation, I am all ears.

It looks like the STR regulations are fairly easy to navigate and it seems to be a popular vacation destination.

It serves many benefits for both buyers and sellers and if a law had been passed long ago that all such private transactions were required to be serviced through a thrid party, we would not have as much regulation addressing the issues we have today, specifically, the individual investors under the SAFE Act!

Here are a few points to get the discussion started:Adjusting Business Practices: How are you planning to adjust your practices to comply with the new rules, especially regarding off-MLS compensation negotiations?

How are you adapting to new regulations or changes in market dynamics?

Of course that's the only leverage they have and they know used panels are practically worthless.