You might want to include clauses that adjust the split based on performance or time invested.Potential Risks:Market volatility: The Georgian real estate market might be subject to fluctuations.Regulatory changes: Laws regarding short-term rentals or foreign ownership could change.Currency risk: Since you're dealing with EUR in a non-EUR country.Overestimation of Airbnb income: Ensure your projections are conservative.Renovation overruns: Both in time and cost.Partner relationship: Ensure all terms are clearly defined in a written agreement.Regarding the 70% rule, remember that this is typically used for fix-and-flip properties in the US market.

Is a single family home valuation altered or adjusted if its operated as an STR? 

Lowering your mortgage payment could offset the rise in taxes and insurance.Lease Adjustments→ Offer longer lease terms: Longer leases (e.g., 2-year terms) can create more stability, and some tenants might be willing to agree to a small increase in rent in exchange for locking in rates.

Another thing to keep in mind: The 100% bonus depreciation expired at the end of 2022 and is now phasing out at 20% per year, with the benefit fully sunsets after the end of 2026 calendar year.I recommend you contact a certified cost segregation specialist and/or CPA to discuss your short-term goal.

You need to be inflation-adjusted, every 12-15 years it needs to be 40-50% more.If you're 40, and want to retire at 55.

Most expect rates to come down over the next 24 months, and since a 5/1 ARM is fixed for the first 5 years, you'll have plenty of time to get out of that ARM prior to it adjusting. 

., lease agreement, invoices from March and May, link to the new portal).Set a clear deadline for when you need these items.Send this request via email and certified mail to ensure it’s received and documented.3.

Are you looking for a dedicated certified accountant?

Continuous Improvement: They consistently seek feedback and assess what’s working or not, making necessary adjustments to enhance team performance.Conclusion:Great leaders focus on building a team that is not just skilled but also motivated, cohesive, and resilient.

Brokerages may need to adjust their business models, which could open up opportunities for cost-efficient, flat-fee models or other discount real estate services.