Cheapest Way To Pick Up an Income Property In 2021
Summary
Sean Rakidzich shares his method for acquiring rental properties cheaply using rental arbitrage with STRs, focusing on leasing properties rather than owning them, and leasing up buildings with high vacancy. He discusses the pitfalls of mortgage fraud and highlights the potential of rental arbitrage to generate significant income by locating building owners with under 90% occupancy and working with them to manage listings.
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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