From $20K/Year Salary to $20K+/Month Passive Income
Summary
This BiggerPockets article shares the story of a waitress who transformed her finances through real estate investing, starting with a single property purchased with a tax refund. The article highlights the power of reinvesting profits and leveraging tools like tax refunds and leverage to scale a portfolio. Hosts can learn how a smart initial strategy and discipline can lead to financial freedom.
More from Getting Started
This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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