If you want this as a short term rental, go to Airbnb and just start looking at what's currently on the market from the perspective of a guest. Make that party or morning routine every morning with a cup of coffee, that's what you do. As you do that, then you'll start to notice patterns over time. People win or lose the game by taking the time up front to math out the decision. Taking that time up front will spare you from a lot of potential heartache down the road.
#455: Yvette recently retired with the goal of reaching a $10,000 monthly income from her real estate investments. Should she put her money toward debt payoff or portfolio expansion?
Carly wants to buy a second home and convert her current home to a rental. What are the pros and cons of tapping into existing equity versus saving cash for a down payment?
An anonymous caller plans to move back to her touristy hometown in six to seven years. Is it smart to buy something now and take advantage of a thriving Airbnb market?
I tackle these three questions in today’s episode.
Enjoy!
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For more information, visit the show notes at https://affordanything.com/episode455
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