On the other hand, my short term company has done better than usual for a slow summer market.

Agree up front to price reductions at specified intervals.

If you’re not comfortable with your analysis and still want to pursue the purchase, I would recommend engaging the services of a real estate consultant holding the CRE designation and paying them for a short form report.   

My husband and I began our real estate journey as short-term rental (STR) cohosts.

I suggest creating content (blogs, short videos, etc.) around financial literacy, credit-building, and real estate investing aimed at first-time buyers.

I attended a few meetups and, over time, built relationships with folks interseted in short-term investments.

Question: If you were to purchase a STR to close in November and the seller negotiated that the buyer must honor existing rentals with the current rental company/property management until January of 2025…. 1- does this negate the short-term rental loophole for the 2024 if you aren’t managing it yourself for these months in 2024?

Hello All,I've been thinking about investing in a short term rental.

Focus on finding solutions: Short Sales/Foreclosures: Help distressed sellers avoid foreclosure by arranging short sales or negotiating with banks.

I’ve been in the real estate business for almost three years now and have completed five deals: one buy-and-hold long-term rental, one short-term rental, and three fix-and-flip projects, for which I helped raise capital.