How to make money in REAL ESTATE in 2020
Summary
James Svetec discusses the current real estate market in 2020, focusing on a unique opportunity: Airbnb property management. He argues that domestic tourism has surged in the US, and that becoming a property manager allows hosts to capitalize on this trend without the risk of purchasing or renting properties themselves. He mentions there's a free training in the description.
More from Getting Started
Miami's short-term rental market is experiencing significant growth, with new buildings specifically designed for STRs emerging across the city. This trend suggests increased investment in the sector, impacting the local real estate landscape. Hosts and potential investors should monitor this development for market opportunities and challenges.
Airbnb is incentivizing new hosts with a $750 bonus during the World Cup. This move aims to boost supply and meet the anticipated surge in demand during the event. New hosts should seize the opportunity to capitalize on the increased travel influx by listing their properties.
This article from Hotel Dive suggests that hotels may be missing early signals in vacation rental demand. While the specific details are missing, the article implies a shifting landscape in travel accommodations, potentially highlighting the need for hotels to adapt and the opportunities for short-term rental hosts to capitalize on. This could be relevant for hosts looking to understand the broader market.
Curated by Learn STR by GoStudioM