How often?

., deductions and depreciation), and an inflation hedge, as rental income and property values often rise with inflation.

Plus, they often charge a month's rent to place a tenant.

Why Insurance is Not Enough Unfortunately, the landscape with guests and how often lawsuits are filed, has changed dramatically in the last 4-5 years and it's a risk no STR homeowner should take!

While I could write a whole dissertation as to way, I have no appetite to enter into a kind of discussion in which too often egos become prevalent over helping one another.What I would do if I was in your position is to ask about investing in the US to somebody who actively invests there and ask about investing overseas to somebody who actively invests in Europe and the Caribbean and then draw your own conclusions.

A couple of tenants unable to pay their rent.

Tools like QuickBooks or even a simple spreadsheet can help you mentain compliance and prepare for audits.Reinvest WiselyScaling a short-term rental business often requires reinvestment in marketing, property upgrades, or even hiring help.

As is often the case, it harm low-income populations most.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Demand is down and often times the people looking to move right now are not the greatest tenants.