Financial Viability of Short-Term Rentals and Rental Property Risks

Clark discusses “nonprofit” hospitals and two crucial steps to take if you get a large hospital bill. Also today, there are multitudes of properties bought for the sole purpose of renting them out, but the rules of the game keep changing. To protect your finances, follow Clark’s rule for buying investment properties.

• Negotiate Hospital Bills: Segment 1
• Ask Clark: Segment 2
• Short Term Rental Property: Segment 3
• Ask Clark: Segment 4

Mentioned on the show:

• Nonprofit hospitals have an obligation to help their communities, but the people who live nearby may see little benefit — The Conversation
• Have medical debt? Anything already paid or under $500 should no longer be on your credit report
• When Do You Tell a Car Dealership You're Paying Cash?
• Palm Springs capped Airbnb rentals. Now some home prices are in free-fall
• Use of cameras and recording devices - Airbnb Help Center
• How To Open a Roth IRA
• How Many Credit Cards Should I Have?

Clark.com resources

• Episode transcripts
• Community.Clark.com
• Clark.com daily money newsletter
• Consumer Action Center Free Helpline: 636-492-5275

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