Insight
When evaluating a property as an investment, consider cashflow, cash on cash return, and appreciation, and local regulations that might impact short-term rentals.
This BiggerPockets article offers advice on evaluating real estate deals, including short-term rentals, with a focus on metrics like cash flow and cash-on-cash return. It stresses the importance of defining your investment goals and understanding local regulations regarding short-term rentals before making a decision. The article also touches upon the pros and cons of using a general contractor for renovation projects.
When evaluating a property as an investment, consider cashflow, cash on cash return, and appreciation, and local regulations that might impact short-term rentals.