How to Make Money in the Real Estate Market

We talk about Airbnb arbitrage at the end. When it is a good idea to use a HELOC for investment purposes and when it isn't. And if in today's climate, does this still make sense to using turnkey properties? We also talk about protecting yourself from liability.

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Don’t have enough capital to own property? Enter Airbnb arbitrage, the popular investment strategy that allows you to rent out someone else’s property for a profit. Of course, there are a few challenges that come with this. Namely, you’ll need to convince your landlord that it’s a good idea! As always, Ashley and Tony are back with some important tips.

In today’s episode of Rookie Reply, we’re breaking down Airbnb arbitrage, and weighing the pros and cons on both sides of the arrangement. We also touch on the best liability protection strategies, using a HELOC for a down payment, and when it might be advantageous to buy a turnkey property versus a distressed property. Finally, we tackle the subject of tax planning and how hiring a CPA could help you save a fortune come tax season!

If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).

In This Episode We Cover

How to get into real estate without owning property

Why a landlord would agree to Airbnb arbitrage (and how to convince them)

The MASSIVE tax savings of hiring a CPA for tax planning

Using a HELOC for a down payment on a long-term rental property

When it makes sense to purchase a turnkey property versus a distressed property

LLCs, umbrella insurance policies, and the best strategies to protect yourself from liability

And So Much More!

Links from the Show

Find an Investor-Friendly Real Estate Agent

Real Estate Rookie Facebook Group

Real Estate Rookie Podcast