Short term, for properties held under a year, and long term for properties held over a year.

This is where the short-term rental tax loophole can help. 

In light of these circumstances, I'm seeking advice on the best financing options to address this costly project if insurance coverage falls short.

When did buyer's agents start training on  buying "off market" without agents, subject to, wraps, seller financing, lease options, land contracts, fix & flips, rentals, taxes, asset protection, etc, etc, etc.

An IRA can use financing from a lender or seller financing to buy real estate.

The way we conduct business today is that the listing agent and the seller determine the buyer commission.

We currently own our home and we are in the process of renovating a lake house that we plan to hold as a short term rental.  

This blog explores the potential changes and how they might affect your investments.National Landscape: Potential ChangesLawsuits alleged NAR policies stifled competition, inflating realtor fees.The settlement could lead to a more open market with:Discounted commissionsTiered commissions based on property valueFlat feesHourly billingOklahoma City ImpactShort-term: Uncertainty, market fluctuations.Long-term:Increased inventory from lower seller closing costs.Shift towards value-added realtor services like targeted marketing and expert negotiation.Technology-driven platforms may offer lower-cost alternatives.Proactive Strategies for InvestorsStay informed about market trends and commission structures.Build relationships with experienced real estate agents.Negotiate commission rates strategically.Focus on long-term investment goals.Conclusion: Adapting to the Changing LandscapeThe national shift in real estate commissions signals a period of potential change for the Oklahoma City market.

I think that's fair, but I do feel like, eventually, buyers will start to see the value, and if the seller is willing to go through the extra trouble, they should be compensated.

This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a key metric in the short-term rental (STR) industry.