Short-Term Rental, Long-Term Wealth : Your Guide to Analyzing, Buying, and Managing Vacation Properties
Overview
From analyzing potential properties to effectively managing your listings, this book is your one-stop resource for making a profit with short-term rentals!
Airbnb, Vrbo, and other listing services have become massively popular in recent years--why not tap into the gold mine? Whether you're new to real estate investing or you want to add a new strategy to your growing portfolio, vacation rentals can be an extremely lucrative way to add an extra income stream--but only if you acquire and manage your properties correctly.
Traditional rental properties are a great way to create wealth, but short-term rentals can bring in five times more cash flow than long-term rentals. Avery Carl, the CEO and founder of The Short Term Shop, will show you how to choose, acquire, and manage a short-term rental from anywhere in the country, plus how to avoid common pitfalls and overcome obstacles that keep many would-be investors from ever getting started!
In this book, you'll learn how to:
- Identify the best markets for short-term-rental investing
- Analyze the potential income and profitability of a short-term-rental property
- Self-manage a short-term rental right from your smartphone
- Build a local boots-on-the-ground team for an out-of-state investment
- Automate your self-management systems
- Use the income from short-term rentals to scale your investment portfolio
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Details
- ISBN-13: 9781947200449
- ISBN-10: 1947200445
- Publisher: Biggerpockets Publishing, LLC
- Publish Date: November 2021
- Dimensions: 8.9 x 6 x 0.3 inches
- Shipping Weight: 0.45 pounds
- Page Count: 141
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