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11 February 2025 | 0 replies
Anyone can do it just like anyone can flip a house or run a short-term rental.
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19 February 2025 | 4 replies
and also like what I do Utilize as STRs: You furnish and list these properties as short-term rentals (STRs) on platforms like Booking.com or Airbnb.Generate Cash Flow: The higher rental income from STRs, compared to long-term rentals, allows you to cover your mortgage/lease payments, generate positive cash flow, and potentially have funds left over for further investments.Positive Cash Flow: STRs often generate higher rental income than long-term rentals, allowing you to cover your costs and potentially profit.Tax Advantages: You can often deduct expenses related to your STR business, such as mortgage interest, property taxes, and maintenance costs.
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3 February 2025 | 15 replies
However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max).
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29 January 2025 | 18 replies
Quote from @Trevor McCormick: Hi All, looking for some advise or mentoring on purchasing a short term rental property in Kissimmee Florida.1)Is it still a good investment with the current prices?
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30 January 2025 | 1 reply
Purchase price: $530,000 Cash invested: $100,000 My journey into short-term rentals began after years of investing in long-term properties, but it was a podcast that opened my eyes to the incredible potential returns of STRs.
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22 February 2025 | 5 replies
If the property is close enough, you can also forego the property management and handle it yourself in the short term.
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9 February 2025 | 2 replies
I am on pace to finish the course before the beginning of March and my short term goal is to join a brokerage firm before May.
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11 January 2025 | 13 replies
It’s worth mentioning that we have been working with same investor for four years and we are fully delegated with them.
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22 January 2025 | 22 replies
Since we live in Orlando area, we are looking at a STR in Disney area.