People celebrate saving $25k on the buy but it’s a home they shouldnt have bought in the first place
Summary
This video discusses that the theory of "money is made on the buy" is not as applicable to short-term rentals as it is to traditional real estate investment. STRs are more of a business than a long term rental. What sets your property apart from the competition allows you to make higher profits. The speaker shows an example of a home with amenities that are worth paying a premium for over a discounted property.
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Curated by Learn STR by GoStudioM