Would greatly appreciate any Realtor recommendations that you've worked with in purchasing an AirBNB who would know more about local ordinances/best areas to buy as well.Thanks for the help!

If the option to purchase isn’t exercised, he can sublet the deal again to another tenant/buyer, possibly with increased rent and purchase price, depending upon the local real estate market. 

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

Hey all, Would love to speak with airbnb management companies here in Charlotte. 

Since I'm out-of-state I have a local property manager who handles all bookings and keeps me informed on maintenance needs.

I'm particularly passionate about Muti-family, buy and hold, and lending.Outside of real estate, I am a contractor with over 35 years of woodworking. we as a company have done ever thing from large conferences tables , to President Obama's front porch.   

A book I’m reading mentions “taxes” should be included in operating expenses but they don’t specify what type of taxes.All it says is “call your local county or look online at the county assessor’s page”No clue what that means, could someone clarify what taxes they’re referring to?

Hi Anthony, are you local and managing yourself or out of town? 

I suggest you check that with your local/home state lawyer.Good luck!

It's my understanding that you need someone that is local to be a majority owner (for many of the Asian countries).