Thankfully that’s never been a situation I’ve come across. However, following some of the tips in my other videos can you help you reduce the chances of accepting a potential problem guest.
It would be easier in the sense that you don’t have to buy the property and spend money on a down payment, but whether it’s beneficial or not is not an easier answer. The draw back is that you don’t benefit from the home appreciating or the equity pay down you would get from ownership. You only benefit from cash flow, which is not enough for me personally.
Great information. Thanks.
A lot of common sense stuff. But my favorite point you made is this is not passive income. It takes work to run a successful hospitality business.
Thanks you
Thank you for this video
This vid is very informative...
Do you have the rest of the episodes?
Great tips. Have you ever had to remove a guest who overstayed?
Thankfully that’s never been a situation I’ve come across. However, following some of the tips in my other videos can you help you reduce the chances of accepting a potential problem guest.
Would it be more beneficial starting off to do a rental arbitrage Airbnb versus buying the property outright.?
It would be easier in the sense that you don’t have to buy the property and spend money on a down payment, but whether it’s beneficial or not is not an easier answer. The draw back is that you don’t benefit from the home appreciating or the equity pay down you would get from ownership. You only benefit from cash flow, which is not enough for me personally.