What Is House Hacking? (Beginner Real Estate Investing Strategy)
Summary
Karlton Dennis introduces house hacking as a powerful entry point for new real estate investors to acquire property with minimal capital. By utilizing low-down-payment owner-occupied loans (like FHA 3.5%), hosts can live for free or at a reduced cost while gaining hands-on experience in property management and benefiting from significant tax deductions and depreciation.
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.
Curated by Learn STR by GoStudioM