Turning Data into Dollars: How to Create Passive Income with Short-Term Rentals – with John Bianchi
The Infinite Wealth Podcast
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Evaluating Short-Term Rental Potential
This chapter focuses on the critical evaluation of short-term rental properties, emphasizing the importance of location and pricing in maximizing cash flow. It introduces the '20% rule' for assessing revenue potential and discusses common pitfalls that investors face, particularly during changing market conditions. Additionally, the chapter addresses the initial costs, tax implications, and the significant differences between short-term and long-term rentals.
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