Real Estate Moves I Made During COVID (buying and selling)

Richard FertigSep 3, 202011m 11s5.2K viewsScore 85
Growth & Marketing
advanced
real estate investing
short-term rentals
1031 exchange
portfolio strategy
pandemic real estate
M

Summary

AI-generated

Learn how to strategically buy and sell short-term rental properties, even during market uncertainty like a pandemic. This video details real-world transactions and the underlying investment theses for making informed portfolio decisions.

Key insights

  • During the pandemic, the speaker sold a large home in New York City on March 2nd, just before the city's lockdown, and a long-held Hamptons property that had been on the market for 12 years, finally selling it at a significant loss due to market conditions.

Mistakes to avoid

  • Purchasing property for the wrong reasons and holding onto it for 12 years, eventually selling at a significant loss, was identified as a tragic mistake that took a long time to unwind.

Tools & resources

  • Cohort based coursecourse

    A cohort-based course is available for short-term rental education.

Frequently Asked Questions

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial