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7 November 2024 | 0 replies
I financed this deal through a private lender, which provided the flexibility and speed needed to acquire the property and begin renovations.
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12 November 2024 | 17 replies
Hybrid Rental StrategyRent as an STR during peak seasons, then switch to mid-term rentals during slower months to increase income and reduce vacancy risks.2.
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6 November 2024 | 2 replies
I just finished reading Dirt Rich and it's peaked my interest in the possibilities of land investment.
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5 November 2024 | 1 reply
Cities like Miami, Tampa, and Orlando offer diverse opportunities, from luxury properties to short-term rentals.While demand peaks during winter, when northern residents flock south, the state experiences fewer slowdowns in the real estate cycle.
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6 November 2024 | 1 reply
any proactive steps i can take to help speed up the process?
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6 November 2024 | 5 replies
Also, streamlining the permitting process could speed things up even more.
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12 November 2024 | 171 replies
I sold at what I believe to be the peak.
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6 November 2024 | 10 replies
@Shannon MogilinskiValuations peaked in 22, and I think have dropped about 20%, depending ons the market.
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6 November 2024 | 42 replies
Sharp declines after peaking in 2022.
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4 November 2024 | 4 replies
This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.