If there’s one thing I’ve learned in my short time as a multifamily investor, it’s that proximity is power.

Short term or midterm rentals (under 30 days) can also limit your exposure to the negatives of California's tenant laws. 

@Priscilla Chin decent way to compare markets, but a little short-sighted.CHALLENGE: No one can accurately predict where a market will be in 12, 36 or 60 months!

Here’s what a 'co-ownership consultation' would look like:- We review an active listing of your choice to:- Build a cost-of-co-ownership model for the property which includes:- Individual ownership and ongoing cost assumptions- Modeling potential rental income for short-term rentals- Modeling financial outcomes from various exit scenarios- Tax benefits and considerations of shared homeownership- Pros/cons of different ownership structures (joint tenancy, LLC, tenants in common, etc)- Talk through the legal agreements (I am not a lawyer and this is not legal advice but I do have extensive knowledge about TIC and other co-ownership agreements)- Briefly discuss some of the ways AI is making the work that goes into successfully managing a shared home easierIf you're interested, here's what I'm asking:- You’re a U.S. citizen or permanent resident interested in co-owning in the U.S.- You choose a property that’s actively listed and something you'd realistically be interested in co-owningShoot me a message if you're interested and open to 30ish minute chat.Thanks!

UPDATE: The Hotel Occupancy Tax (HOT) compliance timeline has been moved to now start on February 1, 2025 (this was previously set to start in October)Any short term rental advertised through a platform remitting the hotel occupancy tax to the State of Texas (such as Airbnb or VRBO) will begin paying the San Antonio HOT directly to the city monthly through the platforms.

New to real estate investing.  I'm sixty years old and was toying with the idea of investing some of my retirement money in a home on Cape Cod.    Can I even break even if Summer rental season is a max of five months,...

Having been heavily in short term rentals for a while, I've found this to be about as much work up front, but we don't have to furnish, we don't have the management nightmares that STRs bring, we make as much or more cash flow, and we handle less maintenance than a traditional SFR.

The only way I understand this is if the LTV on the appraisal is ~$25k short of what you owe on the loan.

Does anyone know how the short term rental market is in Lansing, Michigan? 

(Airbnb, short term rental, 1year+)3.