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Secrets of Short-Term Rentals
Manage episode 483197014 series 3363824
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Learn the secrets of short-term rental properties in Vancouver.
This class is Module 35 of 46 in a series called Real Estate Investing Secrets.
Topics covered in this module include:
- What are the different variations of short-term rentals and what are some of the pros and cons of each.
- What are the most common ways to finance properties that you’re utilizing as a short-term rental? And what are some of the more unusual ways?
- Are short-term rentals typically an active or passive investment?
- How long do you typically hold short-term rentals for? And, why might you change that?
- How do you typically exit a short-term rental? How does your buyer typically finance the purchase when they buy from you?
- Is the short-term rental strategy typically for real estate investors or real estate entrepreneurs… and what’s the difference?
- How much money is typically required to utilize the short-term rental strategy? What are some of the less common money requirements?
- What credit is required to buy short-term rentals? And, what are some less common credit-related requirements?
- What are the primary skills required for the short-term rentals business?
- Is the short-term rentals strategy actively or passively stable? And, what does that means in terms of the entire business blowing up in your face?
- How scalable is the short-term rentals strategy?
- What is your risk exposure when utilizing the short-term rentals real estate strategy? What are some of your risks? How does that increase with certain sub-strategies?
- How quickly do you make money when doing short-term rentals? What amount of money do you make at that interval?
- How does one typically find short-term rental deals? What are some of the more unusual ways to find deals?
- What do you use to analyze short-term rental properties?
- What are the ideal market conditions for the short-term rentals strategy and what is a challenging market to utilize this strategy in?
- How accessible or available are viable short-term rental properties?
- Can you utilize your retirement money with the short-term rentals real estate investing strategy?
- Plus much more...
Check out the video and additional resources related to Secrets of Short-Term Rentals.
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