Is There a Right Time to Buy an Airbnb Investment?? ⏱
Summary
Richard Fertig discusses the importance of timing when buying an Airbnb investment property, particularly in seasonal areas. He emphasizes the need to consider the peak earning period and the cost of carry, advising hosts to plan backward from their desired rental start date to account for financing, renovations, and other expenses. The goal is to start generating cash flow as soon as possible to offset initial investment costs.
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Curated by Learn STR by GoStudioM