Airbnb Hosts: 6 Musts before buying your next STR

Summary

Richard Fertig discusses six key considerations before purchasing a short-term rental (STR) property, emphasizing alignment with personal 'why,' legality, uniqueness, a strong sense of place, and calculating long-term rental value. He cautions against viewing real estate as a quick-rich scheme and advises incorporating renovation or custom-building to enhance property value.