5min chapter

Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing cover image

Ep 182 - Finding, Evaluating, and Running Short Term Rentals | with Thomas Barry

Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing

CHAPTER

How to Negotiate a Short Term Rental

Michael Terrence Nate: We want to give you value and provide some information. There are two main buckets that you're looking at buying from one is a pre existing short term rental. It's not uncommon for management to be 25 30 35% because it's active management whereas long term it could be six a 10% long term right, but it is much more engaged. And so these are all things to be important but as far as negotiating the deal. Once you find a deal that is good for you and make sense and you ran all the analysis. You just need to make sure you're running the numbers appropriately.

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