The Cost Bias of Short-Term Rentals

A lot of people are going into short term rentals, sober living, don't living because they need cash flow for these properties. But sometimes it's not enough when you're buying a distressed asset to replace major items that go bad. For us right now, our business is on a great tear. We've got 19 properties in Escrow out this moment,. we've got what, 16 more contracts out, half of which will probably get signed. If we take this money that our return on equity is decently low at this point, if you look at the cash flow, it's probably like 2%. And we roll it into this business, we roll into our hard money lending business.

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