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Category: General Real Estate

Episode 62: Professional Tax Advice From My CPA – Part 2

I’ve mentioned the benefits of being a real estate investor when it comes to taxes in multiple episodes, but no one knows this subject better than Amanda Han, my CPA and personal tax advisor. Not to mention, she sees the behind the scenes PROOF that short-term rentals can earn excellent returns! Since she is the...

Episode 61: Pro Tax Advice directly from my CPA (part one)

I’ve mentioned the benefits of being a real estate investor when it comes to taxes in prior episodes, but no one knows this subject better than Amanda Han, my CPA and personal tax advisor. She sees the behind-the-scenes PROOF that short-term rentals can yield excellent returns! Since Amanda is the professional in the...

Episode 60: Are the Numbers You’re Hearing Real? (And What’s a Pro Forma?)

We often hear statistics that seem to be good to be true… and oftentimes they are! Percentages in particular can be the most misleading if we have nothing to compare them to and if the sample size is small. We are targeted by advertisements and they are usually designed with a hidden agenda to sway your opinion or...

Episode 59: 6 Steps to Get Started as a New Investor

December 29, 2020
Finances, General Real Estate, Property Acquisition
1 Responses

There is so much data out there. Invest here, invest there, now is a bad time, now is a good time, and so on and so on. So where do we start? What should a brand new investor be doing to get started and what are the steps? This week Tim will break down the basic process for anyone looking to invest in real estate from a...

Episode 57: Will hotels survive covid 19?

December 15, 2020
Economic and Market conditions, General Real Estate
No Responses

Hotels have been hit harder than ever before in our lifetimes and many, unfortunately, cannot hang on. They’re going out of business. Hotels that have been around forever and were once a sought after destination are not staying afloat. What does this mean for travel and our STR’s? Well it certainly will affect the...

Episode 56: Short-Term vs. Long-Term Rental expenses

There are a lot of obvious differences in the costs between operating a short-term rental and a long-term rental, but how much more does it really cost? Expenses to manage a long term rental can add up. Let’s talk about a few of those and run a comparison to see if you’re accounting for all the differences!

Episode 51: 3 questions to ask yourself before selling

Supply in the US is at a historic low, in fact the lowest it has ever been in many markets! That’s one of the reasons prices are so high and also why a lot of people are considering selling. But, there is more to selling a property than just timing. If you are considering selling make sure it aligns with your bigger...

Episode 50: The Secret to Accomplishing Anything (Special 50th Episode)

I can’t believe we’ve hit our 50th episode! We’ve released one episode per week which means it’s almost been a year already! Wow, how time flies. So. for our 50th episode I thought we’d do something special and talk about just that… how time flies and how it either works against us or with us. I’ll...

Episode 48: How to Forecast Demand for your Airbnb

October 13, 2020
Economic and Market conditions, General Real Estate, Property Acquisition
No Responses

It can be nerve wracking investing in a new market. Will a short-term rental do well there? What happens if it doesn’t stay booked? Is there too much competition? These are often questions that race through our minds and keep a lot of people from investing in the first place. Luckily information is readily available...

Episode 47: What Keeps Us From Purchasing Investment Properties Remotely? (F**R‪)‬

October 6, 2020
General Real Estate, Property Acquisition
No Responses

Purchasing property can be scary. Purchasing property in a new market you're not familiar with will undoubtedly be more scary. How do we know if a new market makes sense? What if we’ve never visited it before? What if we don't know anyone there? There's a lot of fear and anxiety that pops up. Each time Tim has...