Personally, I love the Chicago market and still believe that there are deals here...I think an important I figured out is determining EXACTLY WHAT A DEAL LOOKED LIKE for me...then getting hyper focused on the area and writing a bunch of offers at a purchase price that WORKED FOR ME!

You also get a portion of that sheltered by depreciation write-offs. 

I lost my premier host standing because I had to initiate a cancellation and despite having all of the communication in writing VRBO wouldn't credit it.

These kinds of places are Works of Love and a life style - - are you looking to live there and take on a new life, OR are you an investor looking for a return?  

I'm Ola, from Ireland, passionate about real estate investing, I'm particularly passionate about shortlets and vacation homes rentals/management.Outside of real estate, I enjoy buying & selling, investing, reading, writing and walking.Excited to learn and connect with you all!

Cost segregation is a popular tax deferral strategy and there is often confusion as to the difference between bonus depreciation and reclassification.Bonus DepreciationBonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as washers and dryers, rather than write them off over the "useful life" of that asset.

Write them into your Purchase Agreement and get them under contract first.

When i asked her about the maintenance fees. she openly admitted in writing that vacasas' primary obligation is to the satisfaction of the renter and that they have no obligation to the home owner beyond changing lightbulbs and cleaning the linens. 

Write down your goals, plans, and systems on paper. 

Their instagram account also does some great AMA-style development forums each week - definitely worth a follow for anyone who wants to see the latest and greatest in MN development info!