Luxury Vacation Rentals: Are They Right For You? | Tim Hubbard

102 viewsover 3 years ago11m 33sScore: 78

Short Term Rental Riches

Pricing & Profitability
intermediate
Profitability
Expenses
Occupancy
Revenue Management
Luxury

Summary

This video discusses key risk factors to consider before investing in a luxury vacation rental property. The speaker emphasizes the importance of break-even occupancy rates, the investor's net worth, and backup plans in case the property is difficult to rent. He also notes how an investor's age can affect their risk tolerance.