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Ep 182 - Finding, Evaluating, and Running Short Term Rentals | with Thomas Barry
Rent To Retirement: Building Financial Independence Through Turnkey Real Estate Investing
The Advantages of Running a Hospitality Business
Running a hospitality business is one of the main differences between a long-term rental and a short-term rental. You don't have a tenant that's in there locked in for 12 months, that's going to re-up that lease every 12 months. So you actually can use the asset, which is super fun. For example, I'm sitting in one of ours right now. It's a guest checker this morning, new guest check in tomorrow at four. So it's very good tonight. And we'll get into the tax side a little bit later here. That is pretty cool."
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