We are now doing short term rentals but we're thinking about changing to a small wedding venue. 

I would have asked you what your long-term goal is but you have already thought about it.

Hi there, if you're open to holding onto the property, converting it into an Airbnb or short-term rental could significantly increase your cash flow, especially with the current demand for rental properties.

If it's worth that much, taking a HELOC on it should not be an issue at all long-term or short-term as long as the bank will do it.

By focusing on incremental growth over decades, it mitigates short-term volatility while building a foundation for sustained impact.How This Model WorksLeveraging Time = MoneyTime is the ultimate hedge against risk.

@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.

@Cosmo DePinto,I’ve seen investors do great in Huntsville—let me share a few detailsIn short, yes—it’s arguably one of the strongest markets in Alabama for a balance between cash flow and appreciation.

Bought it as a safe bet thinking it would do roughly $35k annually in short term rents.

Heloc’s are best utilized with a short term strategy, ie flx and flip, to BRRRR, etc.

Portsmouth, known for its historic charm, offers higher prices but strong demand for both multifamily properties and short-term rentals, with premium rental rates for well-located properties.