Vacation Rentals 101: What You Need To Know
Everything you need to know about vacation rentals before you invest.
Are you a house flipper? Maybe you’re just looking to start investing in real estate. Whatever your situation is, vacation rentals might be the right choice for you. These investments have a higher cash flow than long-term rentals, but there are a few things you need to know before you commit to them. Today we’re sharing our experiences with short-term rentals and what you need to know before investing.
You can listen to our full conversation in the video above or skip to each topic using the timestamps provided:
0:00 — How we transitioned from flipping homes to investing in vacation rentals
0:51 — Vacation rentals are hot right now in Scottsdale
2:13 — Wear and tear from renters is a huge concern
3:05 — Furniture warranties might be a good idea
3:41 — Vacation renters can get pretty crazy
4:15 — Vacation rentals aren’t for everyone
5:03 — It might be a good idea to start with long-term rentals
5:25 — Wrapping things up
If you have questions about long-term or short-term rentals, please call or email us. We are always willing to help!