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Profits in Paradise
- Expert Investor Secrets for Finding, Negotiating & Winning with Vacation Rentals & Airbnb
- Lu par : Erik Kruger
- Durée : 3 h et 31 min
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Description
Ready to make a bundle in the vacation spot you love? Whether you own a short-term rental or you’re thinking about buying one, you need the expert secrets for success found within the chapters of Profits in Paradise.
This book cuts a path through the maze of questions and costly errors so common for many vacation rental investors.
The financial stakes could hardly be higher. “Short-Term Rentals Prove to Be Investment Gold,” according to Realtor Magazine.
Author Paul Aker reveals key investing and operational secrets that seasoned short-term rental operators would rather you did not know. As a Realtor, (inactive) lawyer, investor, association president and award-winning investigative journalist, Aker knows the obstacles, issues and solutions that will help you.
In this book you will discover:·
- What the passive income tradeoff is - and whether it makes sense for you
- How to size up the right property to optimize returns
- The inside scoop on when to bargain hunt and when to pay top dollar
- How to gain the confidence to pull the trigger and buy
- How to operate a vacation rental using listing platforms, such as Airbnb and Vrbo
- How to diversify your marketing channels to maximize profits
- How to spot hidden issues before they cost you a bundle
- How to find the right Realtor for this type of transaction
Why bother learning all of this? Not just because it can help put dollars in your bank account, but because it will keep you from the frustrating and costly surprises that less prepared investor face.
Smart buying combined with quality management and a sterling online reputation turns these properties into profit mills that churn out bundles of cash.
Plus, these properties historically appreciate. A single-family home appreciated by 39 percent over a 10-year period between1 989 and 2019 on average, according to the National Association of Realtors.