I’m stressed just thinking about how many people are going to buy bad properties.
Summary
This video warns STR investors about the potential downsides of purchasing properties based solely on the 100% bonus depreciation tax savings, particularly if the property is not profitable, because investors could potentially lose money every month. The speaker emphasizes that to avoid losing money, you should study data to buy properties that are actually profitable and make money. The speaker also mentions his 7-day Airbnb data challenge to learn how to analyze STR data.
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Curated by Learn STR by GoStudioM